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Fly News Breaks for June 29, 2018
APO
Jun 29, 2018 | 08:17 EDT
After hosting investor meetings with management, Wells Fargo analyst Christopher Harris says Apollo Global has catalysts that have the potential to drive growth and possible valuation expansion. These include a ramp-up in insurance affiliates and fee earnings, the monetization of PE Fund 8 and the potential for a c-corp conversion, Harris tells investors in a research note. The analyst believes these catalysts are not fully appreciated in shares of Apollo Global. He keeps an Outperform rating on the name with a $38 price target.
News For APO From the Last 2 Days
APO
Apr 19, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
APO
Apr 19, 2024 | 12:01 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
APO
Apr 19, 2024 | 09:08 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Paramount (PARA)... To see the rest of the story go to thefly.com. See Story Here
APO
Apr 18, 2024 | 18:53 EDT
APO
Apr 18, 2024 | 18:18 EDT
Sony Pictures (SONY) and Apollo Global (APO) have been in talks over partnering for a joint offer to buy Paramount (PARA), the New York Times' Benjamin Mullin and Lauren Hirsch report, citing two people familiar with the matter. The two companies have not submitted an official bid, as the CBS parent is still in exclusive discussions with Skydance over a potential deal, the authors say, noting the potential Skydance pact has drawn significant pushback from shareholders. Reference Link
