Citi opened a “30-day positive catalyst watch” on shares of Apollo Global into the company’s investor day on October 1. The company’s spread related earnings growth has been challenged in 2024 due to spread headwinds, but these pressures should moderate from here, the analyst tells investors in a research note. The firm sees a “robust long-term growth story” for Apollo and keeps a Buy rating on the shares with a $135 price target.
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