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Apollo Global Management (APO) Receives a Buy from Barclays

Tipranks - Tipranks - Thu Apr 9, 2:10AM CDT

Barclays analyst Benjamin Budish maintained a Buy rating on Apollo Global Management today and set a price target of $125.00.

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Budish covers the Financial sector, focusing on stocks such as Robinhood, Apollo Global Management, and Blackstone Group. According to TipRanks, Budish has an average return of 7.9% and a 55.05% success rate on recommended stocks.

In addition to Barclays, Apollo Global Management also received a Buy from Goldman Sachs’s Alexander Blostein in a report issued yesterday. However, on April 2, TipRanks – Anthropic 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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