trending Market Intelligence /marketintelligence/en/news-insights/trending/UvpCRsp-K_Htms9kG_oz4Q2 content
Log in to other products

Login to Market Intelligence Platform

 /

Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

JMP Securities downgrades pair of alternative asset managers

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


JMP Securities downgrades pair of alternative asset managers

JMP Securities LLC analyst Devin Ryan downgraded shares of alternative asset managers Apollo Global Management Inc. and KKR & Co. Inc., to "Market Perform" from "Market Outperform."

Ryan said the firms' fundraising, deployment and investment performance fundamentals continue to benefit from secular tailwinds but that "the bar has moved meaningfully higher for 2020."

In the analyst's view, a meaningful pickup in performance-related earnings is baked into 2020 expectations. Thus, any shortfall on that front could disappoint the market.

The target prices for Apollo Global Management and KKR are $46 and $33, respectively, and the estimates for FY'20 EPS are $3.05 for Apollo Global Management and $2.05 for KKR.