🟢 APP is trading 4% up today on Argus Buy rating and $520 price target

APP is trading at $434.24 (+4.02%) after Argus initiated coverage with a Buy rating and a $520 price target.

• The new price target implies a 24.57% upside potential, building on momentum from a 6.66% gain recorded on April 13.
• Shares are significantly outperforming the broader market, with the S&P 500 and NASDAQ rising 1.14% and 1.81% respectively.
• Market sentiment remains bullish with a Moderate Buy consensus maintained by 23 analysts.