Deutsche Bank Reinstates Hold on Ares Management, Announces $132 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Bedell has reinstated a Hold rating on Ares Management (NYSE:ARES) and announced a price target of $132.
June 13, 2024 | 4:52 pm
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Deutsche Bank analyst Brian Bedell has reinstated a Hold rating on Ares Management (NYSE:ARES) and announced a price target of $132.
The Hold rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The price target of $132 provides a specific valuation benchmark, but the Hold rating implies limited short-term upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100