Oppenheimer Downgrades Apollo Global Management to Perform
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has downgraded Apollo Global Management (NYSE:APO) from Outperform to Perform.
October 09, 2023 | 1:09 pm
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Apollo Global Management has been downgraded by Oppenheimer from Outperform to Perform, which may negatively impact the stock's performance.
Analyst ratings often influence investor sentiment and can impact a stock's price. A downgrade from Outperform to Perform suggests that the analyst believes the stock will not outperform the market or its peers in the near future. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock's price.
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