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Fly News Breaks for November 1, 2019
APO
Nov 1, 2019 | 06:27 EDT
Citi analyst William Katz opened a "30 Day Positive Catalyst Watch" on shares of Apollo Global Management following the company's Q3 results. The analyst lowered his price target for the shares to $52 from $53 and keeps a Buy rating on the name. The company's investor day on November 7 "will dovetail nicely against many new-to-the-story investors" post the C-Corp conversion and drive further multiple expansion, Katz tells investors in a research note.