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Fly News Breaks for November 12, 2019
AINV, APO
Nov 12, 2019 | 07:01 EDT
RBC Capital analyst Kenneth Lee resumed coverage of Apollo Investment (AINV) with a Sector Perform rating and $17 price target. The analyst is positive on the company's relationship with Apollo Global Management (APO), which is helpful when conducting due diligence and investment research for potential investment opportunities, but sees its residual non-core assets representing about 15% of the total portfolio as a potential "overhang" to investment yields.