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Citigroup downgrades Apollo Global Management amid economic slowdown fears and private credit decline

Analyst Insights
15 Jul 2026
Rayan Ahmad
View Source
Bearish
pluang ai news

Citigroup downgraded Apollo Global Management's stock from Buy to Reduce due to concerns over a potential economic slowdown and a sharp drop in U.S. private credit lending. Apollo's shares are trading well below their 52-week high, reflecting caution in the market. The downgrade highlights risks from slower benefits of artificial intelligence and reduced deal flow in private credit, key areas for Apollo's investments. This signals a more cautious outlook for the alternative asset manager's near-term prospects.

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