JP Morgan Upgrades Apollo Comml Real Est to Neutral, Announces $10.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Richard Shane has upgraded Apollo Comml Real Est (NYSE:ARI) from Underweight to Neutral and set a price target of $10.5.
August 04, 2023 | 11:12 am
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Apollo Comml Real Est has been upgraded to Neutral from Underweight by JP Morgan, with a new price target of $10.5.
The upgrade from Underweight to Neutral by a JP Morgan analyst indicates a more positive outlook for the company. This could potentially lead to increased investor confidence and a short-term rise in the stock price. The price target of $10.5 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100