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Goldman Sachs upgrades Apollo Global Management (APO) to a Buy rating with an improved price...
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Wednesday, February 22, 2012, 7:23 AM ETGoldman Sachs upgrades Apollo Global Management (APO) to a Buy rating with an improved price target of $17.50. Analysts with the firm see the asset manager's credit orientation as capable of providing a more "recurring" stream of carry to help it support higher yields.
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