Wolfe Research analyst Steven Chubak raised the firm’s price target on Ares Management (ARES) to $218 from $195 and keeps an Outperform rating on the shares as part of a 2025 playbook for the brokers, asset managers, and exchanges. The firm is “getting selective as valuations look stretched.” After a “banner year” for financials, Wolfe is most positive on names with secular growth stories and exposure to “Trump tailwinds,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARES:
- Ares Management upgraded to Outperform from Market Perform at Keefe Bruyette
- BlackRock & Ares Management Get a Boost from Reports WHP Global Will Buy Vera Wang
- Wells Fargo upgrades Ares Management to Overweight, raises target to $212
- Ares Management upgraded to Overweight from Equal Weight at Wells Fargo
- Ares Management expands access to private equity secondaries strategy