Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program

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Barclays Reiterates Overweight Rating on Apollo Global Management (APO)

September 27, 2024 6:32 AM UTC

Barclays analyst Benjamin Budish reiterated an Overweight rating and $128.00 price target on Apollo Global Management (NYSE: APO).

The analyst comments "What you need to know before the Investor Day: On Tuesday, 10/1, Apollo will be hosting its 2024 Investor Day. We are looking for updated medium- to longer-term targets, in particular: 1) AUM (Yield, Hybrid, and Equity, in addition to private wealth); 2) third-party fundraising; 3) FRE/FRE... More