RBC Capital Maintains Outperformer on Ares Capital, Raises Price Target to $21
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Kenneth Lee maintains an 'Outperformer' rating on Ares Capital (NASDAQ:ARCC) and raises the price target from $20 to $21.
July 26, 2023 | 1:54 pm
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POSITIVE IMPACT
RBC Capital maintains an 'Outperformer' rating on Ares Capital and raises the price target to $21, indicating a positive outlook for the stock.
The raised price target and 'Outperformer' rating by RBC Capital indicates a positive outlook for Ares Capital. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100