Shares of Apple Inc. rose more than 2% on Monday, joining a broad technology rally, as Wall Street analysts grew more optimistic about the company's artificial intelligence plans and Apple won a key regulatory approval in China.

Apple shares gained $8.10, or 2.37%, to $350.47 as of 11:12 a.m. Eastern time.

A price target increase helped lift sentiment. Evercore ISI raised its price target on Apple to $380 while maintaining an Outperform rating, citing the potential for Siri AI as the company broadens its rollout to users in select geographies.

The firm sees a key advantage for Apple. Evercore said Siri AI's advantage is native........

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