RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has maintained an Outperform rating on Ares Management and raised the price target from $150 to $170.
October 11, 2024 | 6:05 pm
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RBC Capital has maintained its Outperform rating on Ares Management and increased the price target from $150 to $170, indicating a positive outlook.
The increase in price target from $150 to $170 by RBC Capital suggests a positive outlook for Ares Management, likely leading to a short-term increase in stock price. The Outperform rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100