Goldman Sachs Maintains Buy on Ares Management, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein has maintained a Buy rating on Ares Management and increased the price target from $145 to $160.
September 30, 2024 | 12:29 pm
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Goldman Sachs has reaffirmed its Buy rating on Ares Management and increased the price target from $145 to $160, indicating confidence in the company's future performance.
The increase in price target from $145 to $160 by a reputable firm like Goldman Sachs suggests a positive outlook for Ares Management. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100