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AppLovin Corporation (APP) Raises Price Target Amid AI Ad Growth, Structural Shifts
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AppLovin (APP.US) surged 36% in a single week, setting a record, while the 100 billion AI stock is embroiled in a heated bubble debate.
AppLovin's financial performance for the fourth quarter and the entire year of 2024, revealed last week, significantly exceeded Wall Street expectations. This impressive performance drove its stock price to soar by about 36%, while also sparking widespread discussion among Analysts regarding its valuation level.
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