RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $120
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 $110 to $120.
August 04, 2023 | 11:37 am
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POSITIVE IMPACT
RBC Capital maintains an 'Outperform' rating on Ares Management and raises the price target from $110 to $120. 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 lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100