AppLovin (APP) Misses Q3 EPS by 6c; Guides Lower
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AppLovin downgraded as mobile app ecosystem weakness prompts cautious tone at BofA
November 11, 2022 12:32 PM ESTAppLovin (NASDAQ: APP) was downgraded to Neutral by BofA on Friday, with the firm also slashing its price target on the stock to $17 per share from $35.
BofA analyst Omar Dessouky told investors in a research note that mobile app ecosystem weakness has prompted a more cautious tone.
AppLovin shares are up... More
