Apollo Global Management had its Buy rating reaffirmed by analysts at Keefe, Bruyette & Woods. Keefe, Bruyette & Woods has a price target of $35 on the stock which is 13.2% upside from the previous close of $30.91.
Apollo Global Management was upgraded by Zacks Investment Research from a Hold rating to a Buy rating on October 10, 2017. Zacks has a $34 price target on the stock which represents a 10.28% upside from the previous close.
Apollo Global Management is an investment manager in private equity, credit and real estate. The Company invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. You can read more about the Company on their website here.
Apollo Global is not the usual small cap stocks we go for. I did a stock trading lesson on finding good stocks here. Still, even though Apollo is a larger company its stock can still move. Over the next 25 weeks, Apollo Global Management has on average historically risen by 22.8% based on the past 6 years of stock performance.
Apollo Global Management Stock Chart
APO is above all its moving averages:
Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at $31.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at $30.43, a stop order could be placed below this zone.
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