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Apollo Global price target raised to $164 from $159 at BofA

BofA analyst Craig Siegenthaler raised the firm’s price target on Apollo Global (APO) to $164 from $159 and keeps a Buy rating on the shares after the company reported better than expected Q2 results. Driven by increased credit fundraising and management fees estimates, the firm increased its 2025, 2026 and 2027E EPS estimates to $7.87, $9.28 and $10.50, respectively.

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