JP Morgan Maintains Neutral on Apollo Comml Real Est, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained a Neutral rating on Apollo Commercial Real Estate (NYSE:ARI) while lowering the price target from $9.5 to $8.5.
October 17, 2024 | 2:15 pm
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JP Morgan has maintained a Neutral rating on Apollo Commercial Real Estate (NYSE:ARI) and lowered the price target from $9.5 to $8.5, indicating a less optimistic outlook.
The lowering of the price target from $9.5 to $8.5 by JP Morgan suggests a less optimistic view on the stock's future performance, which could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100