Apollo Global Management LLC (APO) Misses Q1 EPS by 1c

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Go back to Apollo Global Management LLC (APO) Misses Q1 EPS by 1c

Goldman Sachs Downgrades Apollo Global Management (APO) to Neutral

May 12, 2014 6:47 AM EDT

Goldman Sachs downgraded Apollo Global Management (NYSE: APO) from Buy to Neutral with a price target of $28.00 (from $38.00) amid a slower pace of distributions.

Analyst Marc Irizarry said, "we see few catalysts to re-rate the shares amid a shrinking accrual and slow capital... More