
- BofA analyst Andrew Obin initiated coverage on APi Group Corp (NYSE:APG) with a Neutral rating and a price target of $23 (an upside of 7.5%).
- The analyst notes a balanced risk/reward for APi Group at current share levels.
- Also read: APi Group Plans $250M Buyback Program.
- APi Group is a business services provider of safety and specialty services in over 500 locations worldwide.
- Price Action: APG shares are trading higher by 0.71% at $21.39 on the last check Tuesday.