Citi analyst Christopher Allen raised the firm’s price target on Apollo Global (APO) to $170 from $162 and keeps a Buy rating on the shares following the Q3 beat. The firm says trends in Apollo’s asset management business remained solid overall with strong flows, particularly in credit, and solid capital solutions fees.
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Read More on APO:
- Apollo Global price target raised to $164 from $149 at Wells Fargo
- Apollo Global price target raised to $174 from $148 at Barclays
- Apollo Global Reports Strong Q3 2024 Results
- Morning Movers: GlobalFoundries and Apollo Global gain following Q3 results
- Apollo Global reports Q3 adjusted EPS $1.85, consensus $1.72