From: Richard Kahn
Sent: Tuesday, December 8, 2015 8:38 PM
To: Jeffrey E.
Subject: apo
BofA throws in the towel on trio of P-E players
Dec 8 2015, 09:52 ET I By: Stephen Alpher <httpliseekingalpha.com/author/sa-editor-stephen-alpher> , SA News Editor
<http://seekingalpha.com/images/mail_icon.png>
With the stock price charts of all three moving sharply down and to the right for several months, Bank of America pulls
Buy ratings on Apollo Global (APO <http://seekingalpha.com/symbol/APO> -3%), Blackstone (BX
<http://seekingalpha.com/symbol/BX> -2.6%), and Carlyle Group (CG <http://seekingalpha.com/symbol/CG> -1.5%). All
are downgraded to Neutral.
Not completely giving up on the sector, BofA upgrades <http://seekingalpha.comThews/2970956-ares-management-
gains-after-upgrade> the equally beaten-down Ares Management to a Buy.
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel
fax
cel
1
EFTA_R1_00132289
EFTA01796477