Here's Why This Analyst Initiated Coverage On Applovin, ironSource, Unity Software

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KeyBanc analyst Tyler Parker initiated coverage on Applovin Corp (NASDAQ: APP), ironSource Ltd (NYSE: IS), and Unity Software Inc (NYSE: U) with a focus on enabling the business and development of mobile apps.

As the most scaled solution, with increasing capabilities, he saw the opportunity for APP to sustain healthy growth and expand margins at a depressed multiple. 

IS (Overweight; PT: $3.50) enables developers to grow and monetize mobile apps.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Topics: Price Target Analyst Ratings News Tech Benzinga Analyst Color Penny Stocks AAPL U US0238501003 APP US0378331005 IS Initiation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 17:11:54

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Reading Time: 2 minutes read

Article Length: 297 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23386

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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