Barclays analyst Benjamin Budish raised the firm’s price target on Ares Management to $87 from $82 and keeps an Overweight rating on the shares. The analyst says that while realized income is expected to continue at depressed levels, across his coverage he sees "fairly clear" fee related earnings growth trajectories.
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
See today’s best-performing stocks on TipRanks >>
Read More on ARES:
- Ares Management raises $5B of infrastructure debt capital
- Apollo Global downgraded to Market Perform from Outperform at Keefe Bruyette
- Eagle Football Acquires Legendary Ligue 1 Club Olympique Lyonnais
- Ares Management price target lowered to $82 from $90 at Barclays
- Apollo, Pimco sign deal to act together in Carvana debt talks, Bloomberg says