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Apollo Global price target raised to $118 from $110 at Wells Fargo

Wells Fargo analyst Finian O’Shea raised the firm’s price target on Apollo Global to $118 from $110 and keeps an Overweight rating on the shares. Apollo continues to exhibit strength in origination and flows in the retirement services channel, along with good early showings for its private wealth product suite, the analyst tells investors in a research note.

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