Analysts’ Opinions Are Mixed on These Financial Stocks: Apollo Global Management (APO) and First Citizens BancShares (FCNCA)

Analysts have been eager to weigh in on the Financial sector with new ratings on Apollo Global Management (APO – Research Report) and First Citizens BancShares (FCNCA – Research Report).

Apollo Global Management (APO)

In a report released today, Benjamin Budish from Barclays maintained a Buy rating on Apollo Global Management, with a price target of $131.00. The company’s shares closed last Thursday at $112.19, close to its 52-week high of $117.15.

According to TipRanks.com, Budish is a 4-star analyst with an average return of 7.6% and a 67.9% success rate. Budish covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Marketaxess Holdings, and Interactive Brokers.

Apollo Global Management has an analyst consensus of Moderate Buy, with a price target consensus of $124.18, which is a 9.9% upside from current levels. In a report issued on May 2, Goldman Sachs also maintained a Buy rating on the stock with a $123.00 price target.

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First Citizens BancShares (FCNCA)

In a report released today, Jason Goldberg from Barclays maintained a Hold rating on First Citizens BancShares, with a price target of $1950.00. The company’s shares closed last Thursday at $1732.92, close to its 52-week high of $1810.03.

According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 10.9% and a 61.6% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon Corporation, and Capital One Financial.

Currently, the analyst consensus on First Citizens BancShares is a Moderate Buy with an average price target of $1957.78, implying a 13.3% upside from current levels. In a report issued on April 26, Piper Sandler also downgraded the stock to Hold with a $1950.00 price target.

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