UBS Maintains Neutral on Apollo Global Management, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken maintains a Neutral rating on Apollo Global Management (NYSE:APO) but raises the price target from $117 to $150.
October 22, 2024 | 2:06 pm
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UBS has maintained a Neutral rating on Apollo Global Management but increased the price target from $117 to $150, indicating a positive outlook despite the neutral stance.
The increase in the price target from $117 to $150 suggests that UBS sees potential upside in Apollo Global Management's stock, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong enough reason to recommend buying the stock at this time.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100