Apollo shares are trading higher after TD Cowen initiated coverage on the stock with an Outperform rating and $115 price target.
Portfolio Pulse from Benzinga Newsdesk
TD Cowen initiated coverage on Apollo Global Management (APO) with an Outperform rating and a price target of $115, leading to an increase in APO's stock price.
January 04, 2024 | 8:37 pm
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Apollo Global Management's stock is trading higher following an Outperform rating and $115 price target from TD Cowen.
Analyst ratings, especially from reputable firms like TD Cowen, can significantly influence investor sentiment and stock prices. The Outperform rating and high price target suggest a bullish outlook for APO, which can lead to increased investor interest and a potential rise in the stock price in the short term.
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IMPORTANCE 85
RELEVANCE 100