AppLovin (APP) has received bullish sentiment from BofA Securities, with the financial institution nearly doubling its price target for the mobile technology company. BofA has raised its target from $120 to $210 per share, citing that current market valuations for AppLovin are undervaluing the company's potential.

Furthermore, BofA suggests that Wall Street has not fully appreciated the extent of AppLovin's growth and transformation.

Market Domination Co-Hosts Jared Blikre and Josh Lipton dive into the details.

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This post was written by Angel Smith