Apollo Global remains a recommended buy with a fair value estimate of $154, about 25% above current prices. The company is largely shielded from risks in private credit and software sectors, with minimal exposure. Its Q1 results beat expectations with $1.94 EPS, $1.03 trillion in assets under management, and 30% fee-related earnings growth. Management expects continued strong growth supported by a solid balance sheet, steady yield, and increased share buybacks.
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...
Apollo Global Management has finalized the acquisitions of Emerald Holding and Questex, merging two major B2B event and media companies into a single, scaled platform. This integration aims to accelerate growth, enhance innovation, and deliver greate...
