Ares Management ( (ARES) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Ares Management’s stock movement is influenced by BMO Capital’s initiation of coverage with a Market Perform rating. The rating reflects Ares’ strong private credit capabilities and robust fee-related earnings, but also highlights growing competition and macroeconomic challenges. As a result, BMO suggests that other alternative managers might present more attractive short-term investment opportunities.
More about Ares Management
YTD Price Performance: -11.10%
Average Trading Volume: 1,425,927
Technical Sentiment Signal: Buy
Current Market Cap: $50.36B
For further insights into ARES stock on TipRanks’ Stock Analysis page.
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