AppLovin Corporation experienced notable upward momentum driven primarily by a strong bullish call from Wall Street, alongside renewed market confidence in its third-quarter trajectory. Citigroup initiated a short-term positive view on the ad-tech firm, reiterating a buy rating and setting an ambitious price target that implies substantial upside. Citigroup analysts addressed recent market skepticism surrounding the company’s second-quarter sequential top-line growth, describing investor disappointment as misplaced. The firm noted that the second quarter historically represents a seasonal low point and, crucial to the investment thesis, did not yet capture the financial benefits from the latest updates to its core AXON AI recommendation…