JMP Securities Maintains Outperform on Ares Comml Real Est, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Steven Delaney maintains an Outperform rating on Ares Comml Real Est (NYSE:ACRE) and raises the price target from $11 to $11.5.
August 04, 2023 | 12:56 pm
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JMP Securities maintains an Outperform rating on Ares Comml Real Est and raises the price target from $11 to $11.5, which could lead to a positive impact on the stock.
The Outperform rating maintained by JMP Securities indicates a positive outlook for Ares Comml Real Est. The raised price target from $11 to $11.5 suggests that the analyst sees potential for the stock's price to increase, which could lead to a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100