On Monday, June 2, Jefferies analysts reiterated a “Buy” rating on AppLovin Corporation (NASDAQ:APP) with a price target of $530.
Jefferies analysts highlighted an upcoming expert call scheduled for Thursday, June 5. The call will feature Dana Peters, Co-Founder of PROOF Wallets. The discussion will focus on how AppLovin Corporation’s advertising performance compares with Google and Meta.
A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform.
The expert call will explore the return on ad spend (ROAS) and the scalability of AppLovin Corporation’s e-commerce product. It will also look at spending trends on AppLovin’s platform compared to other platforms and the incrementality of AppLovin’s e-commerce campaigns.
Dana Peters will be speaking during the call. His company, PROOF Wallets, is looking to increase its advertising spending on AppLovin, Meta, and Google. Jefferies analysts also encourage anyone interested to register for the webinar to learn more about AppLovin Corporation’s platform performance and its customer service as it brings new brands onboard.
AppLovin Corporation is an American mobile technology company that offers end-to-end software and AI solutions for businesses of all sizes to reach, monetize, and grow their global audiences. The company is actively working to enhance its advertising AI models.
READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds.
