Deutsche Bank Initiates Coverage On Ares Management with Buy Rating, Announces Price Target of $176
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has initiated coverage on Ares Management (NYSE:ARES) with a Buy rating and set a price target of $176.
May 28, 2024 | 5:13 pm
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Deutsche Bank has initiated coverage on Ares Management with a Buy rating and set a price target of $176, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a high price target by a reputable institution like Deutsche Bank is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100