Apollo shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $44 to $55.
Portfolio Pulse from Benzinga Newsdesk
Apollo shares have seen an increase in their trading value following an upgrade from B of A Securities, which changed its rating from Neutral to Buy and increased the price target for Apollo from $44 to $55.
February 22, 2024 | 4:49 pm
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Apollo's stock value has increased after B of A Securities upgraded the stock from Neutral to Buy and raised the price target from $44 to $55.
The upgrade by B of A Securities from Neutral to Buy, along with a significant increase in the price target from $44 to $55, is a strong positive signal for Apollo's stock. This kind of analyst action typically leads to increased investor confidence and can drive the stock price up in the short term as market participants adjust their positions based on the new information.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100