On Nov 06, major Wall Street analysts update their ratings for $Apollo Global Management (APO.US)$, with price targets ranging from $161 to $174.
J.P. Morgan analyst Ken Worthington maintains with a buy rating, and adjusts the target price from $143 to $161.
BofA Securities analyst Craig Siegenthaler maintains with a buy rating, and adjusts the target price from $123 to $163.
Citi analyst Christopher Allen maintains with a buy rating, and adjusts the target price from $135 to $170.
Barclays analyst Benjamin Budish maintains with a buy rating, and adjusts the target price from $148 to $174.
Wells Fargo analyst Michael Brown maintains with a buy rating, and maintains the target price at $164.
Furthermore, according to the comprehensive report, the opinions of $Apollo Global Management (APO.US)$'s main analysts recently are as follows:
Following the company's strong performance in the third quarter, the overall trends in the asset management business remained robust, with notable inflows, especially in the credit sector, and significant capital solutions fees.
Apollo Global reported a comprehensive outperformance across nearly all significant metrics, with the business evidently progressing towards the objectives presented at the recent investor day.
The firm stated that their earnings and valuation framework indicate significant potential for upward movement.
Apollo Global is performing well against the ambitious objectives it established at its investor event on October 1, according to an analyst. The company, along with KKR, has delivered some of the most impressive results during the Q3 earnings season among alternative asset management firms.
Here are the latest investment ratings and price targets for $Apollo Global Management (APO.US)$ from 7 analysts:
Note:
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