Wells Fargo Maintains Equal-Weight on Ares Capital, Raises Price Target to $19.75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Equal-Weight rating on Ares Capital (NASDAQ:ARCC) and raised the price target from $19.5 to $19.75.
July 26, 2023 | 1:03 pm
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Wells Fargo has maintained an Equal-Weight rating on Ares Capital and raised the price target from $19.5 to $19.75.
The news is directly related to Ares Capital as Wells Fargo has maintained an Equal-Weight rating on the company and raised the price target. This could potentially attract investors and drive the stock price up in the short term.
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