Form 8-K Ares Management Corp For: Aug 02

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Go back to Form 8-K Ares Management Corp For: Aug 02

CFRA Upgrades Ares Management, L.P. (ARES) to Buy

August 2, 2024 12:38 PM EDT

CFRA analyst Kenneth Leon upgraded Ares Management, L.P. (NYSE: ARES) from Hold to Buy with a price target of $155.00 (from $140.00).

The analyst comments "ARES is a leading alternative asset manager in private credit. We raise our target by $15 to $155 on a forward P/E... More