Wells Fargo analyst Finian O’Shea raised the firm’s price target on Ares Management to $107 from $97 and keeps an Equal Weight rating on the shares. The firm highlights stable EPS estimates with no major surprises in Q2, but few signs showing an inbound direct lending deployment boom that would improve the earnings outlook.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ARES: