1. Home
  2. Upgrades
  3. Why This Apollo Global Management Analyst Is Now Bullish

Why This Apollo Global Management Analyst Is Now Bullish

5
0

Apollo Global Management’s (NYSE: APO) chief economist recently expressed skepticism around AI (artificial intelligence) being a bubble.

The company is a leader in the alternative asset management space and seems well-positioned for growth in private credit, according to JPMorgan.

The Apollo Global Management Analyst: Kenneth Worthington upgraded the rating Apollo Global Management from Neutral to Overweight, while establishing a price target of $122.

The Apollo Global Management Thesis: The company is poised to capitalize on secular trends such as “the proliferation of private credit and an aging population needing reliable income for retirement,” …

Full story available on Benzinga.com

Visited 5 times, 1 visit(s) today