Ares Capital (ARCC) Prices $850M Notes Offering

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Ares Management, L.P. (ARES) PT Raised to $150 at RBC Capital

May 7, 2024 6:15 AM EDT

RBC Capital analyst Kenneth Lee raised the price target on Ares Management, L.P. (NYSE: ARES) to $150.00 (from $145.00) while maintaining a Outperform rating.

The analyst comments "We are revising our estimates post 1Q; we incorporate mgmt's refined guidance on European-style waterfall fund net... More