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Apollo Global Management (APO) Coverage Initiated by RBC with Neutral View on Valuation
RBC Capital has initiated coverage on Apollo Global Management (NYSE: APO) with a Sector Perform rating and a $142 price target. Analyst Bart Dziarski noted that the company’s valuation and consensus estimates already reflect its accelerating earnings growth, leading to a neutral rating. Apollo’s CEO Marc Rowan reported record financial results for Q4 2025, with combined fee-related and spread-related earnings reaching $5.9 billion and adjusted net income of $5.2 billion.