On Nov 07, major Wall Street analysts update their ratings for $Apollo Global Management (APO.US)$, with price targets ranging from $155 to $178.
BofA Securities analyst Craig Siegenthaler maintains with a buy rating, and maintains the target price at $163.
Deutsche Bank analyst Brian Bedell maintains with a buy rating, and adjusts the target price from $124 to $155.
Evercore analyst Glenn Schorr maintains with a buy rating, and adjusts the target price from $150 to $174.
TD Cowen analyst William Katz maintains with a buy rating, and adjusts the target price from $162 to $178.
BMO Capital analyst Etienne Ricard maintains with a buy rating, and adjusts the target price from $138 to $157.
Furthermore, according to the comprehensive report, the opinions of $Apollo Global Management (APO.US)$'s main analysts recently are as follows:
Following Apollo Global's release of financial outcomes that surpassed expectations, analysts maintain a positive outlook on the company's shares. They anticipate that an upcoming addition to the S&P 500 might act as a significant catalyst. The anticipated date for this event is either December 6 or in the early part of March, potentially influenced by three imminent mergers. Additionally, analysts have revised their earnings per share estimates for Q4, the year 2025, and the year 2026 upwards, attributing the adjustments primarily to an enhanced SRE forecast.
Following the Q3 results that surpassed expectations, trends in the asset management business remained robust, with notable flows especially in credit, and substantial fees generated from capital solutions.
Apollo Global reported a widespread outperformance across nearly all major metrics, with the business evidently advancing towards the objectives presented during the recent investor gathering.
The firm is showing significant strides toward its 2029 goals, particularly in terms of originations and organic inflows. Despite the stock's increase of over 50% in the past three months, it is perceived that Apollo still presents relative value. This is reflected in the stock's current trading at a multiple that suggests an attractive valuation based on the anticipated earnings target for 2029.
The firm noted that their earnings and valuation framework indicate significant potential for upside.
Here are the latest investment ratings and price targets for $Apollo Global Management (APO.US)$ from 6 analysts:
Note:
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