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Jefferies Raises price Target on Apollo Global Management (APO) After Spending Time with Management

March 22, 2016 8:05 AM EDT

Jefferies reiterated a Buy rating on Apollo Global Management (NYSE: APO), and raised the price target to $20.00 (from $17.00), after spending time with management. Despite a mixed economic backdrop, the health of the underlying portfolio co's remain relatively strong with positive revenue and EBITDA... More