Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Apollo Global Management yesterday. The company’s shares closed yesterday at $120.34.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Siegenthaler covers the Financial sector, focusing on stocks such as Ares Management, Raymond James Financial, and Coinbase Global. According to TipRanks, Siegenthaler has an average return of 12.7% and a 55.60% success rate on recommended stocks.
Apollo Global Management has an analyst consensus of Strong Buy, with a price target consensus of $151.36, representing a 25.78% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $146.00 price target.
Based on Apollo Global Management’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.93 billion and a GAAP net loss of $1.91 billion. In comparison, last year the company earned a revenue of $5.55 billion and had a net profit of $425 million
