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Evercore Partners Inc. And Apollo Global Management Reach Price Targets

|Includes: APO, Evercore Partners Inc. (EVR)

This is an update to our model portfolio report, The Best 29 Stocks for 2017.

Theoretical positions in both theoretical long models, Evercore Partners Inc. (NYSE:EVR) and Apollo Global Management LLC (NYSE:APO), hit their price targets today January 26 and will be assumed closed at the end of trading tomorrow.

For the month to date, the theoretical long model portfolios are up +3.64% versus a +2.57% return in the S&P 500 and a +2.58% return in the SPDR S&P 500 ETF (NYSEARCA:SPY).

MTD, stocks in the theoretical Core Short Model portfolio are up 4.08% on average for the equivalent short sale loss. The Opportunistic Model Portfolio has assumed a 100% cash position since the January 4 close and retains its MTD loss of -5.56%.

Equity research and financial modeling consulting
We provide independent equity research, budget forecasting, startup and corporate valuation, or general financial modeling consulting services, please contact us "steve at ascenderellc dot com" or via LinkedIn,

Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in OR SHORT POSITION IN ANY STOCK over the next 72 hours.

Additional disclosure: There are limitations inherent in our theoretical model results, particularly with the fact that such results do not represent actual trading and they may not reflect the impact material economic and market factors might have had on our decision making if we were actually managing client money.