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News 2026-08-06 15:16 UTC

AppLovin Posts Mixed Q2; Focus Shifts To Non-Gaming Business

Shares of AppLovin Corp (NASDAQ: APP ) tanked in early trading on Thursday after the company reported second-quarter results. Here are the key analyst takeaways: Needham analyst Bernie McTernan reiterated a Buy rating, while cutting the price target from $700 to $500. BTIG analyst Clark Lampen maintained a Buy rating,