Barclays raised the firm’s price target on Apollo Global (APO) to $159 from $158 and keeps an Overweight rating on the shares. The firm came away from the Athene business update “incrementally positive.” It believes Apollo has an attractive multi-year growth trajectory and finds the shares undervalued.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- Apollo Global Management Clarifies 8-K Filing Status
- Apollo Global management to meet virtually with Piper Sandler
- Astera initiated, Nasdaq upgraded: Wall Street’s top analyst calls
- Apollo Global upgraded to Overweight from Equal Weight at Morgan Stanley
- Positive Outlook for Apollo Global Management: Buy Rating Amid Growth Prospects and Attractive Valuation
