RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee maintains an Outperform rating on Ares Management (NYSE:ARES) and raises the price target from $120 to $135.
February 06, 2024 | 3:51 pm
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POSITIVE IMPACT
RBC Capital has maintained an Outperform rating on Ares Management and increased the price target from $120 to $135.
The upgrade in the price target by RBC Capital indicates a strong confidence in Ares Management's future performance. This positive analyst rating and increased price target are likely to instill investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100