
Apollo Global Management shares APO.N rise about 2.7% at $130.62 in morning trading
Morgan Stanley upgrades to "overweight" from "equal weight"; raises PT to $180 from $151, an upside of 41.5% to last close
Brokerage sees scope for alternative asset manager to reacclerate growth in 2026-27
Considers APO an attractive way to play private credit given healthy macro backdrop, benign credit conditions, higher demand for new issuances
16 of 21 brokerages rate the stock "buy", five "hold"; median PT $163 - LSEG data
The session's gains trims APO's YTD losses to ~21%