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Apollo Global Management, LLC Message Board

  • busy26795 busy26795 Nov 8, 2013 12:17 PM Flag

    APO UBS raises their APO tgt to $37 from $34

    08-Nov-13 12:12 ET


    Apollo Global Management target raised to $37 at UBS (31.00 -1.00)

    UBS raises their APO tgt to $37 from $34.

    A pullback in shares was not too surprising given APO's strong run recently (shares were up over 30% since Sept. 1), but we believe the long-term growth story remains intact. They view APO as a highly opportunistic firm with attractive growth opportunities, and we expect the firm's distribution outlook should provide support for the stock.

    Sentiment: Strong Buy

17.15+0.14(+0.82%)4:01 PMEDT