Jefferies Maintains Hold on Ares Management, Lowers Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Gerald O'Hara has maintained a Hold rating on Ares Management (NYSE:ARES) and lowered the price target from $131 to $127.
May 09, 2024 | 7:28 pm
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NEUTRAL IMPACT
Jefferies has maintained a Hold rating on Ares Management and lowered the price target from $131 to $127.
The adjustment in price target by a reputable analyst like Gerald O'Hara could influence investor sentiment, but the maintenance of a Hold rating suggests a neutral short-term impact on ARES's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90