Citi analyst Jason Bazinet raised the firm’s price target on AppLovin (APP) to $850 from $600 and keeps a Buy rating on the shares. Citi also added an “upside 90-day catalyst watch” on the stock. The firm sees the shares moving higher in the second half of 2025 as AppLovin opens its platform to non-gaming customers on October 1. The analyst sees the company expanding to non-mobile game inventory.
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