Piper Sandler Raises its Price Target on Apollo Global Management (APO)

Apollo Global Management, Inc. (NYSE:APO) is one of the 12 Undervalued Financial Stocks to Buy Now.

On May 26, 2026, Piper Sandler raised the firm’s price target on Apollo Global Management, Inc. (NYSE:APO) to $157 from $146 and maintained an Overweight rating on the shares. Piper Sandler cited Q1 results, where Apollo beat expectations and reaffirmed 2026 guidance for 10% spread-related earnings growth and 20% fee-related earnings growth. The firm said the higher multiple reflects peer multiple expansion and its view that Apollo is one of the best-positioned alternative asset managers in the space.

On May 19, 2026, Argus lowered the firm’s price target on Apollo Global Management, Inc. (NYSE:APO) to $160 from $168 and maintained a Buy rating on the shares. Argus said Q1 results were helped by higher fee-related earnings and realized performance fees, while noting that growth in both fee- and spread-related assets remains a near- and long-term earnings driver.

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Earlier in May, Apollo announced that Apollo-managed funds acquired a majority interest in Noble Environmental, a vertically integrated waste management platform based in Pittsburgh, Pennsylvania.

Apollo Global Management, Inc. (NYSE:APO) is a private equity firm focused on credit, private equity, infrastructure, secondaries, and real estate markets.

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