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Enter Symbol:
Rating: APO
Buy

Apollo Global Management LLC C (NYSE: APO) upgraded to Buy by Citigroup

Monday,  Feb 10, 2014  8:25 AM ET by Dave Ficere

Citigroup upgraded Apollo Global Management LLC C (NYSE: APO) to
Buy. Previously Citigroup rated Neutral Apollo Global Management LLC C (NYSE: APO) on 11/08/2013, when the stock price was $31.52.

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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.



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