AppLovin Stock Is Now a Buy. It Won an Upgrade From Morgan Stanley. - Barron's
1. Morgan Stanley upgraded AppLovin to Overweight despite a 46% stock drop. 2. AppLovin's revenue grew by 43% to $4.71 billion in 2024. 3. Concerns exist over potential ad spending cuts due to economic uncertainty. 4. Short sellers have targeted AppLovin for alleged ad targeting strategy violations. 5. Analyst retains confidence in AppLovin's resilience in advertising sector.