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Goldman Sachs Reaffirms Their Buy Rating on Apollo Global Management (APO)

Tipranks - Tipranks - Tue Apr 7, 7:30AM CDT

Goldman Sachs analyst Alexander Blostein maintained a Buy rating on Apollo Global Management today and set a price target of $169.00.

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Blostein covers the Financial sector, focusing on stocks such as Apollo Global Management, Invesco, and Blackstone Group. According to TipRanks, Blostein has an average return of 16.3% and a 68.10% success rate on recommended stocks.

In addition to Goldman Sachs, Apollo Global Management also received a Buy from Bank of America Securities’s Craig Siegenthaler in a report issued yesterday. However, on April 2, TipRanks – xAI reiterated a Hold rating on Apollo Global Management (NYSE: APO).

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Based on Apollo Global Management’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $8.11 billion and a net profit of $1.69 billion. In comparison, last year the company earned a revenue of $5.28 billion and had a net profit of $1.44 billion

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