Citi Maintains Buy Rating on AppLovin (APP) Stock

Group 1 - AppLovin Corporation (NASDAQ:APP) is currently viewed as a high-potential stock, with Citi analyst Jason Bazinet maintaining a "Buy" rating and setting a price target of $820.00, driven by e-Commerce momentum and improved customer quality [1][2] - There has been a significant increase in the number of e-Commerce clients using AppLovin's Axon platform, particularly among Shopify merchants, which is seen positively due to the monetization potential [2] - Evercore ISI analyst Robert Coolbrith initiated coverage on AppLovin with an "Outperform" rating and a price target of $835, highlighting the company's strong position in mobile gaming ad-tech and emerging e-commerce performance channels, with expected revenue and EBITDA growth rates exceeding 30% from 2025 to 2028 [3] Group 2 - AppLovin builds a software-based platform aimed at enhancing marketing and monetization for advertisers, indicating its strategic focus on technology-driven solutions in the advertising space [4]