Apollo Global Management is rated a 'buy' due to its strong private credit platform and defensive positioning in asset-backed finance. The stock trades at a 32.1% discount to its fair value, with a target price of $162.96 per share based on conservative growth assumptions. The market is underestimating Apollo's resilient institutional asset base and its low default rate of about 0.1% over 16 years, which supports its growth prospects in private credit. This makes Apollo well-positioned to benefit from the expanding private credit market.
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...
