Ares Management shares are trading higher after Barclays raised its price target on the stock from $108 to $117.
Portfolio Pulse from Benzinga Newsdesk
Barclays has raised its price target on Ares Management from $108 to $117, leading to a rise in Ares Management's stock.
July 13, 2023 | 4:15 pm
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Ares Management's stock is trading higher after Barclays raised its price target on the stock from $108 to $117.
The increase in Ares Management's stock price is directly related to Barclays raising its price target on the stock. This indicates a positive outlook for the company's performance, which is likely to attract more investors, leading to a further increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100