RBC Capital Reiterates Outperform on Ares Capital, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has reiterated an Outperform rating on Ares Capital (NASDAQ:ARCC) and maintained a $22 price target.

August 05, 2024 | 2:07 pm
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RBC Capital analyst Kenneth Lee has reiterated an Outperform rating on Ares Capital (NASDAQ:ARCC) and maintained a $22 price target.
The reiteration of an Outperform rating and the maintenance of a $22 price target by a reputable analyst from RBC Capital is likely to positively influence investor sentiment and could lead to a short-term increase in ARCC's stock price.
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