Barclays Cuts Apollo Global Management (APO) Price Target to $131

Apollo Global Management, Inc. (NYSE:APO) is one of the 10 Best Asset Management Stocks to Buy Right Now.

Barclays Cuts Apollo Global Management (APO) Price Target to $131

On March 2, 2026, Apollo Global Management, Inc. (NYSE:APO) saw its price target from Barclays lowered by analyst Benjamin Budish from $158 to $131. Benjamin kept an Overweight rating on the stock. In the research note, the analyst told the investors that the firm is revising its estimates across the alternative asset manager space. Though the firm acknowledges the difficulty in evaluating the long-term impacts of AI on portfolio companies, it lowered its earnings estimates for business development companies, citing lower flow assumptions and realization.

In another development, on March 9, 2026, Siris, a leading private equity firm focused on critical technology infrastructure, has agreed to acquire a majority stake in Takkion from funds affiliated with Apollo Global Management, Inc. (NYSE:APO). Founded in 2019, Takkion is a renewable energy services leader with $600 Million in 2025 revenue. The deal, expected to close in the second quarter of 2026, will potentially allow Siris to capitalize on surging power demand from AI data centers.

Founded in 1990, the New York-based company, Apollo Global Management, Inc. (NYSE:APO), is a global alternative asset manager specializing in high-yield credit, private equity, and retirement services.

While we acknowledge the risk and potential of APO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than APO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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