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Piper Sandler Reaffirms Their Buy Rating on Apollo Global Management (APO)

Tipranks - Wed Apr 8, 5:54AM CDT

In a report released today, Crispin Love from Piper Sandler maintained a Buy rating on Apollo Global Management, with a price target of $146.00.

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According to TipRanks, Love is a 4-star analyst with an average return of 4.9% and a 49.30% success rate. Love covers the Financial sector, focusing on stocks such as PennyMac Financial, Blue Owl Capital, and SEI Investments Company.

In addition to Piper Sandler, Apollo Global Management also received a Buy from Goldman Sachs’s Alexander Blostein in a report issued yesterday. However, on April 2, TipRanks – xAI reiterated a Hold rating on Apollo Global Management (NYSE: APO).

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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