Apollo Asset Management Price Target Raised to $173.00 by Wells Fargo Analysts.

Wells Fargo has raised Apollo Asset Management's (APO) price target from $160 to $173, an 8.12% increase. The "Overweight" rating remains unchanged. The average one-year price target is $159.56, with a high estimate of $176 and a low of $135. This suggests an 8.38% upside from the current price of $147.23. The average brokerage recommendation is 2.0, indicating "Outperform" status.

Wells Fargo & Company has recently upgraded its price target for Apollo Global Management (NYSE: APO) from $160.00 to $173.00, representing an 8.12% increase. The brokerage firm maintains an "overweight" rating on the stock, indicating a positive outlook. The average one-year price target for APO is $159.56, with high and low estimates of $176 and $135, respectively. This suggests an 8.38% upside from the current price of $147.23. The average brokerage recommendation is 2.0, indicating an "Outperform" status [1].

Apollo Global Management is a private equity firm specializing in investments across various sectors, including credit, private equity, infrastructure, secondaries, and real estate. The company reported a quarterly revenue of $5.55 billion and a net profit of $442 million for the quarter ending March 31 [2]. Despite the recent upgrade, institutional investors own 77.06% of the company's stock, with several funds increasing their stakes in the first quarter [3].

The latest earnings report showed that Apollo Global Management reported $1.82 earnings per share for the quarter, missing analysts' consensus estimates of $1.84 by ($0.02). The company's return on equity was 13.45%, and its net margin was 14.59%. The firm's quarterly revenue was down 21.2% on a year-over-year basis [1].

In other news, the company's CFO, Martin Kelly, sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $132.57, for a total transaction of $530,280.00 [1].

Analysts' ratings and price targets have varied. UBS Group lowered its price target from $170.00 to $155.00, while Citigroup lowered its target from $191.00 to $138.00. Wells Fargo & Company increased its target from $158.00 to $160.00, and TD Cowen lowered its target from $214.00 to $144.00. Barclays lifted its target from $145.00 to $156.00 [2].

References:
[1] https://www.marketbeat.com/instant-alerts/apollo-global-management-nyseapo-given-new-17300-price-target-at-wells-fargo-company-2025-07-11/
[2] https://www.ainvest.com/news/apollo-global-management-maintains-hold-rating-jefferies-143-price-target-2507/
[3] https://www.ainvest.com/news/wells-fargo-upgrades-invesco-equal-weight-improved-risk-profile-revenue-outlook-2507/