Redburn Atlantic Initiates Coverage On Ares Management with Neutral Rating, Announces Price Target of $140
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic has initiated coverage on Ares Management with a Neutral rating and set a price target of $140.
August 27, 2024 | 9:38 am
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NEUTRAL IMPACT
Redburn Atlantic has initiated coverage on Ares Management with a Neutral rating and a price target of $140, indicating a balanced outlook.
The Neutral rating suggests that Redburn Atlantic sees Ares Management as fairly valued at the current price, with a price target of $140. This indicates no strong bullish or bearish sentiment, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100