RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $145
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 $135 to $145.
February 12, 2024 | 3:56 pm
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RBC Capital analyst Kenneth Lee maintains an Outperform rating on Ares Management and raises the price target from $135 to $145.
The increase in price target by RBC Capital indicates a positive outlook on Ares Management's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100