RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $110
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Kenneth Lee maintains an 'Outperform' rating on Ares Management (NYSE:ARES) and raises the price target from $105 to $110.
July 24, 2023 | 1:35 pm
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RBC Capital maintains an 'Outperform' rating on Ares Management and raises the price target from $105 to $110. This could potentially lead to an increase in the stock's price.
The raised price target by RBC Capital indicates a positive outlook for Ares Management. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100