Apollo Global Management, Inc. (NYSE:APO) is one of the best NYSE stocks to buy for long-term investment. Reuters reported on June 5 that Apollo Global Management, Inc. (NYSE:APO) and Britain’s Bodycote announced on Friday that they have ended talks over a £1.52 billion ($2 billion) takeover proposal, which resulted in shares of the British thermal processing services group going down as much as 12%.
In a separate development, Apollo Global Management, Inc. (NYSE:APO) received a rating update from Piper Sandler on May 26, with the firm lifting the price target on the stock to $157 from $146 and reiterating an Overweight rating on the shares. The rating update came after the company reported its fiscal Q1 results, where it beat expectations and reaffirmed 2026 guidance of 10% spread related earnings growth and 20% fee related earnings growth. Piper stated that the higher multiple is driven by peer multiple expansion, and the firm believes that Apollo Global Management, Inc. (NYSE:APO) is one of the best-positioned alternatives in the space.
Apollo Global Management, Inc. (NYSE:APO) provides asset management services. The company’s operations are divided into the following segments: Asset Management, Retirement Services, and Principal Investing.
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