TD Cowen Initiates Coverage On Ares Management with Buy Rating, Announces Price Target of $154
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Gabelman initiates coverage on Ares Management (NYSE:ARES) with a Buy rating and a price target of $154.
May 07, 2024 | 4:26 pm
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TD Cowen initiated coverage on Ares Management with a Buy rating and set a price target of $154.
The initiation of coverage by TD Cowen with a Buy rating and a high price target suggests a positive outlook for Ares Management's stock. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100