Apollo Investments Recap On Good Quarter

Keefe Bruyette & Woods has published a research report on Apollo Investment Corporation

following the company's F2Q11 recap, which reported decent earnings. In the report, KBW writes "Following Apollo Investment's F2Q11 earnings results, we are raising our F2011 and F2012 NOI/share estimates to $0.96 (from $0.92) and $1.01 (from $0.97), respectively. We are also raising our price target to $13 from $12 and maintaining our OP rating." Apollo Investment Corporation closed Friday at $11.41.