15 AI News Shaping Wall Street Today

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11. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Holders: 51

AppLovin Corporation (NASDAQ:APP) is a technology company leveraging its AI-powered platform to provide targeted, automated marketing solutions.

On Monday, November 18, Citi raised the firm’s price target on AppLovin Corporation (NASDAQ:APP) to $335 from $185 and kept a “Buy” rating on the shares.  After the firm delivered strong Q3 results driven largely by artificial intelligence, the firm is rolling its valuation forward from 2025 to 2026. Moreover, it has also raised its free cash flow per share estimate in 2026 to $9.13 from $7.41 due to higher ad revenue expectations.

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