Apollo Global Management (APO) is set to release its earnings data, potentially impacting its stock price.
Stock AI’s forecasts:
🔴 -10.1% short-term
🟢 +2.0% long-term
Stock AI’s (APO) Forecast get (+15.7% Profit)
StockAI’s analysis delivers real-world results. On 16 January 2024, $APO ($95.01), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $109.9 (🟢15.7%). Buying APO on this signal yielded a +15.7% profit 💰💰.
APO-Apollo Global Management, Inc. News
🔴 Apollo Global Management is set to release its earnings data before the market opens on Thursday, May 2nd. Analysts expect earnings of $1.74 per share for the quarter.
🟢 Handelsbanken Fonder AB grew its stake in Apollo Global Management by 56.6% in the fourth quarter.
🔴 Atria Wealth Solutions Inc. trimmed its stake in Apollo Global Management by 21.4% in the fourth quarter.
🟢 Apollo Global Management hit a new 52-week high on Tuesday after Barclays raised their price target on the stock to $133.00.
🔴 Apollo Global Management announced a quarterly dividend on Thursday, May 2nd.
🟢 Daiwa Securities Group Inc. lifted its stake in Apollo Global Management by 3.3% in the fourth quarter.
The recent news for Apollo Global Management has been a mix of positive and negative developments. The upcoming earnings release and dividend announcement have generated some investor interest, leading to a potential increase in the stock price. On the other hand, the decrease in stakes by Atria Wealth Solutions Inc. and the unusually large options trading could have a negative impact on the stock price.
Overall, it is important for investors to closely monitor these developments and consider the potential impact on Apollo Global Management’s stock price. The market’s reaction to the earnings report and dividend announcement, as well as any further changes in institutional holdings, will be key factors to watch in the coming days.
APO-Apollo Global Management, Inc. Analyst Ratings
📉 Barclays analysts raised their price target on Apollo Global Management, Inc. (NYSE:APO) stock from $122.00 to $133.00.
📈 BMO Capital Markets increased their price target on Apollo Global Management, Inc. (NYSE:APO) stock from $111.00 to $122.00.
📉 JPMorgan Chase & Co. analysts raised their price target on Apollo Global Management, Inc. (NYSE:APO) stock from $122.00 to $123.00.
Sources:
– Barclays
– BMO Capital Markets
– JPMorgan Chase & Co.
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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