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Apollo Global Management LLC C (APO) [hlAlert]

Rating:
Neutral APO
down 34.22 %

Apollo Global Management LLC C (APO) downgraded to Neutral by BofA/Merrill

Posted on: Tuesday,  Dec 8, 2015  10:25 AM ET by BofA/Merrill

BofA/Merrill rated Neutral Apollo Global Management LLC C (NYSE: APO) on 12/08/2015. Previously BofA/Merrill rated Buy Apollo Global Management LLC C (NYSE: APO)
on 06/27/2013., when the stock price was $23.43. Since then, Apollo Global Management LLC C has lost 34.23% as of 12/08/2015's recent price of $15.41.
If you would have followed the previous BofA/Merrill's recommendation on APO, you would have lost 34.22% of your investment in 894 days.

American Community Properties Trust (ACPT) is a self-managed holding company that is primarily engaged in the business of investing in and managing multifamily rental properties, as well as community development and homebuilding. ACPT?s operations are primarily concentrated in the Washington, D.C. metropolitan area and Puerto Rico and are carried out through its United States subsidiaries, American Rental Properties Trust (ARPT), American Rental Management Company (ARMC), American Land Development, Inc. (ALD) and their subsidiaries and its Puerto Rican subsidiary, IGP Group Corp. (IGP Group). ACPT operates in two principal lines of business: Operating Real Estate and Land Development. The Operating Real Estate segment is comprised of ACPT?s investments in rental properties and property management services. The Land Development segment is comprised of ACPT?s community development and homebuilding services.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2015 10:25 AM Hold
None
15.41
as of 8/27/2015
1 Week down  -0.31 %
1 Month down  -17.04 %
3 Months down  -13.25 %
1 YTD down  -40.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/27/2013 8:25 AM Buy
None
23.43
2/4/2013 8:25 AM Hold
None
22.00
11/8/2012 9:25 AM Buy
None
14.72

(*) Stock Price at the time of the recommendation.
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