Barclays Maintains Overweight on Ares Management, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Overweight rating on Ares Management (NYSE:ARES) and raises the price target from $108 to $117.
July 13, 2023 | 10:45 am
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Barclays maintains an Overweight rating on Ares Management and raises the price target from $108 to $117, indicating a positive outlook for the company.
The news directly pertains to Ares Management. Barclays' decision to maintain an Overweight rating and raise the price target suggests a positive outlook for the company, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100