BofA Lifts PT on Apollo Global Management (APO) to $167 From $161 – Here’s Why

NodeGuardian · 2026-02-28T09:57:53+00:00

BofA raised Apollo Global Management's price target to $167, maintaining a Buy rating amid revised EPS estimates. This follows RBC Capital's Sector Perform rating with a $142 target. Apollo also invested $1 billion in Aldar Properties, totaling $2.9 billion in commitments.

NodeGuardian

2026-02-28 09:57:53

Abstract generation in progress

BofA upgraded Apollo Global Management’s (APO) price target to $167 from $161, reiterating a Buy rating, due to revised EPS estimates. This comes after RBC Capital initiated coverage with a Sector Perform rating and a $142 target, citing valuation. Additionally, Apollo-managed funds invested $1 billion in Aldar Properties PJSC, increasing their aggregate commitments to $2.9 billion in the UAE-based real estate developer.

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