The mixed analyst ratings for Ares Capital in the last quarter, with 2 bullish, 2 somewhat bullish, and 1 indifferent rating, indicate that there is potential for the stock price to increase in the short term. The average price target of $19.7, which is higher than the current price of $18.635, supports this potential upside. However, the decrease in the average price target by 10.45% from the previous average of $22.00 suggests that there may be some uncertainty in the market.