Apollo Global Management Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Apollo Global Management (NYSE:APO) has seen unusual options activity, with a 50/50 split between bullish and bearish sentiments among deep-pocketed investors. The activity focuses on a price target range of $110.0 to $125.0. Current stock price is up 2.11% at $115.02, with analysts setting an average price target of $126.5. JP Morgan upgraded APO to Overweight with a $122 target, while Keefe, Bruyette & Woods maintains an Outperform rating with a $131 target.
March 21, 2024 | 6:16 pm
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Apollo Global Management has seen significant options activity, indicating mixed investor sentiment. Analysts have set optimistic price targets, suggesting potential upside.
The unusual options activity, with a balanced mix of bullish and bearish sentiments, suggests uncertainty. However, the recent analyst upgrades and optimistic price targets provide a strong case for potential short-term growth. The current stock price movement and the analysts' outlook indicate a positive sentiment towards APO's future performance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100