Barclays analyst Benjamin Budish raised the firm’s price target on Apollo Global to $133 from $122 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the alternative asset managers. It feels like we are getting closer and closer to a “normal” market environment, but disclosures from KKR, public commentary, and other market data suggest a slower Q1, the analyst tells investors in a research note.
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