AppLovin shares are falling Tuesday after BofA Securities downgraded the stock from Buy to Neutral and cut its price target to $400.

AppLovin (APP) shares have been in a downtrend. But now they are oversold and at support. This could mean the selloff is over.

AppLovin shares are falling Tuesday after BofA Securities downgraded the stock from Buy to Neutral and cut its price target to $400.

JPMorgan assumes AppLovin (APP) coverage with Neutral rating and $400 target. Read key details on mobile gaming growth and margin forecasts.