Barclays Maintains Overweight on Ares Management, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Overweight rating on Ares Management (NYSE:ARES) and raises the price target from $126 to $130.
October 10, 2023 | 1:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays maintains an Overweight rating on Ares Management and raises the price target from $126 to $130. This could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Ares Management. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100