JMP Securities Reiterates Market Outperform on Ares Capital, Maintains $20 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Devin Ryan has reiterated a Market Outperform rating on Ares Capital (NASDAQ:ARCC) and maintained a $20 price target.
July 26, 2023 | 12:24 pm
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Ares Capital's stock rating has been reiterated as Market Outperform by JMP Securities, with a maintained price target of $20.
The reiteration of the Market Outperform rating and the maintained price target by JMP Securities indicates a positive outlook for Ares Capital. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100