Latest news with #JasonBazinet
Globe and Mail
07-04-2025
- Business
- Globe and Mail
3 Best Stocks to Buy Now, 4/7/2025, According to Top Analysts
Which stocks are best to buy now? According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. To find more stocks like these, take a look at TipRanks' Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts. Here are today's top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. Intuit (INTU) – Intuit is an American multinational company specializing in financial software solutions. Yesterday, Jefferies analyst Brent Thill maintained a Buy rating on the stock with a price target of $735 per share. Interestingly, eight out of the nine Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 27.27%. Amazon (AMZN) – Amazon is a major player in e-commerce and cloud computing markets. Yesterday, Jefferies analyst Brent Thill maintained a Buy rating on the stock with a price target of $250 per share. Interestingly, 37 out of the 38 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 56.6%. AppLovin (APP) – This is a mobile technology company that provides AI-driven software solutions to help businesses reach, monetize, and grow their global audiences. On Friday, Citi analyst Jason Bazinet maintained a Buy rating on the stock with a price target of $600 per share. Interestingly, eight out of the nine Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 156.7%. Who Are the Top Analysts? TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks' Top Wall Street Analysts page. Disclosure
Yahoo
10-03-2025
- Business
- Yahoo
AppLovin Stock Sinks 11%, but Citi Stands Firm on $600 Price Target
AppLovin (NASDAQ:APP) shares are down 11.21% to $240.15 as of 13:41 ET Monday, extending a steep sell-off that has seen the stock lose more than 50% since hitting a record high of $510 on February 14. Despite the sharp decline, Citi Research reiterated its Buy rating and maintained a $600 price target, arguing that recent bearish reports contain "spurious claims" and that the broader sell-off in momentum stocks is playing a role in the downturn. Warning! GuruFocus has detected 3 Warning Sign with APP. "Based on peers' revenue growth rates, EBITDA margins, and equity values, AppLovin should be worth $550 per share," wrote Citi analysts led by Jason Bazinet. The firm noted that current valuations suggest a 50% probability that AppLovin's equity is worth $0, which Citi called "remarkably high." Citi attributes the market skepticism to AppLovin's rapid success and its opaque business model, rather than the validity of bearish arguments against the company. This article first appeared on GuruFocus.
