B. Riley Securities Maintains Neutral on Ares Capital, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Neutral rating on Ares Capital (NASDAQ:ARCC) while raising the price target from $21 to $22.
October 31, 2024 | 5:50 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained a Neutral rating on Ares Capital (NASDAQ:ARCC) and increased the price target from $21 to $22.
The Neutral rating suggests no strong buy or sell recommendation, indicating a stable outlook. The slight increase in the price target to $22 reflects a modestly positive view on the stock's potential, but not enough to change the overall rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100