Citi Reiterates Hold on Apollo, Raises PT to $44

Citi reiterated its Hold rating on Apollo (NASDAQ: APOL). At the same time, Citi raised its price target on the company's stock from $41 to $44. On Thursday, Apollo closed the day at $43.68. Its shares added 4.4% to their value in today's pre-market trading to trade around $45.60.