Main Street Research LLC Purchases New Holdings in Apollo Global Management Inc. $APO

Main Street Research LLC has acquired a new position in Apollo Global Management Inc. (NYSE:APO), purchasing 217,067 shares valued at approximately $28.93 million in the third quarter. The company is navigating both positive developments, such as strategic investments and increased transparency in private credit, and negative sentiment stemming from securities class-action lawsuits regarding past business ties. Analysts currently rate Apollo Global Management as a “Moderate Buy” with an average price target of $159.47.