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Barchart

Faisal Humayun Khan

Evercore Analysts Are Pounding the Table on This 1 ‘Strong Buy’ Tech Stock

Evercore APP AppLovin

Amidst the quest by market participants for AI stocks, AppLovin (APP), a marketing platform, has been quietly creating value. APP stock has surged by 83% in the last 52 weeks, and, despite a couple of bumpy trading days this week, the rally seems to be far from over.

Recently, Evercore ISI initiated coverage on the mobile software company with an “Outperform” rating and a price target of $835. This would imply a 39% upside from current levels.

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