BofA downgraded Ares Commercial to Underperform from Buy with a price target of $7, down from $11.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ACRE:
- Ares Commercial price target lowered to $7.50 from $10 at Wells Fargo
- Ares Commercial Real Estate Unveils Annual Financial Results
- Ares Commercial reports Q4 distributable EPS 20c, consensus (1c)
- ACRE Upcoming Earnings Report: What to Expect?
- Ares Commercial Real Estate Reports New Financial Commitments