UBS Assumes APi Gr at Buy, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Robert Jamieson has initiated coverage on APi Group Corporation (NYSE:APG) with a Buy rating and increased the price target to $40.
January 25, 2024 | 7:53 pm
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UBS analyst Robert Jamieson has initiated coverage on APi Group Corporation with a Buy rating and set a new price target of $40, indicating a positive outlook for the stock.
Analyst ratings, especially from prominent financial institutions like UBS, can significantly influence investor sentiment and stock prices. The initiation of coverage with a Buy rating and a raised price target suggests a strong bullish outlook for APi Group Corporation, which could lead to an increase in stock price in the short term as investors react to the positive analysis.
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