Ares Management price target lowered to $217 from $224 at Barclays

Barclays lowered the firm’s price target on Ares Management (ARES) to $217 from $224 and keeps an Overweight rating on the shares. The company’s Q4 missed expectations across most key performance indicates, but fundraising and deployment were very strong, the analyst tells investors in a research note. The firm says the tone of the earnings call “was quite optimistic,” with management seeing transacting activity picking up in 2025.