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AppLovin price target raised to $705 from $693 at BTIG

BTIG raised the firm’s price target on AppLovin (APP) to $705 from $693 and keeps a Buy rating on the shares. The company reported Q3 results that exceeded the firm’sestimates and buy-side bull case expectations on healthier sequential Gaming growth and a significant percentage uptick on the non-gaming side, the analyst tells investors in a research note.

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