Wells Fargo Maintains Overweight Rating on Ares Management (ARES), Lifts PT
From Yahoo Finance: 2025-05-26 14:43:00
Wells Fargo analyst Michael Brown reaffirmed an Overweight rating for Ares Management Corporation (ARES) with a price target raised from $182 to $189.
In Q1 2025, Ares Management made $1.04 billion in quarterly revenue, a 38.21% improvement despite market volatility and disrupted M&A activity expectations.
Ares Management operates as an alternative asset manager with segments including the Tradable Credit Group, Direct Lending Group, Private Equity Group, and Real Estate Group.
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Read more: Wells Fargo Maintains Overweight Rating on Ares Management (ARES), Lifts PT