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Analysts Offer Insights on Financial Companies: Apollo Global Management (APO), Intercontinental Exchange (ICE) and Rocket Companies (RKT)

Analysts fell to the sidelines weighing in on Apollo Global Management (APOResearch Report), Intercontinental Exchange (ICEResearch Report) and Rocket Companies (RKTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Apollo Global Management (APO)

In a report released today, Chris Kotowski from Oppenheimer maintained a Hold rating on Apollo Global Management. The company’s shares closed last Thursday at $112.07, close to its 52-week high of $117.15.

According to TipRanks.com, Kotowski is a top 25 analyst with an average return of 19.7% and a 68.9% success rate. Kotowski covers the Financial sector, focusing on stocks such as Victory Capital Holdings, JPMorgan Chase & Co., and Goldman Sachs Group.

Currently, the analyst consensus on Apollo Global Management is a Moderate Buy with an average price target of $122.62, implying a 13.8% upside from current levels. In a report issued on April 24, Morgan Stanley also maintained a Hold rating on the stock with a $112.00 price target.

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Intercontinental Exchange (ICE)

In a report released today, Owen Lau from Oppenheimer maintained a Hold rating on Intercontinental Exchange. The company’s shares closed last Thursday at $126.54.

According to TipRanks.com, Lau is a 5-star analyst with an average return of 9.4% and a 67.4% success rate. Lau covers the Financial sector, focusing on stocks such as SEI Investments Company, Cboe Global Markets, and Factset Research.

Intercontinental Exchange has an analyst consensus of Strong Buy, with a price target consensus of $154.80.

Rocket Companies (RKT)

Wedbush analyst Henry Coffey reiterated a Hold rating on Rocket Companies today and set a price target of $13.00. The company’s shares closed last Thursday at $12.73.

Coffey has an average return of 14.7% when recommending Rocket Companies.

According to TipRanks.com, Coffey is ranked #390 out of 8802 analysts.

Currently, the analyst consensus on Rocket Companies is a Moderate Sell with an average price target of $11.31, representing a -10.9% downside. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $14.00 price target.

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