TD Cowen Initiates Coverage On Apollo Global Management with Outperform Rating, Announces Price Target of $115
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Katz has initiated coverage on Apollo Global Management (NYSE:APO) with an Outperform rating and set a price target of $115.
January 04, 2024 | 6:08 pm
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POSITIVE IMPACT
Apollo Global Management received an Outperform rating from TD Cowen with a price target of $115, indicating a positive outlook from the analyst.
Analyst ratings, especially initiations of coverage with an Outperform rating, can have a positive impact on a stock's price in the short term as it may lead to increased investor interest and confidence in the company's future performance. The price target of $115 suggests a significant upside from the current trading price, which could attract investors looking for growth opportunities.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100