Information Provided By:
Fly News Breaks for May 21, 2019
APO
May 21, 2019 | 07:53 EDT
As previously reported, Credit Suisse analyst Craig Siegenthaler upgraded Apollo Global to Outperform from Neutral as he believes the company's differentiated insurance model effectively leverages third-party capital in permanent vehicles to provide high fee-related earnings growth. The analyst also raised his price target on the shares to $42 from $39.