Barclays Maintains Overweight on Ares Management, Raises Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Overweight rating on Ares Management (NYSE:ARES) and raises the price target from $117 to $126.
August 04, 2023 | 10:48 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Ares Management and raises the price target from $117 to $126, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Ares Management. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100