tiprankstipranks

Ares Commercial price target lowered to $5 from $7 at BofA

BofA lowered the firm’s price target on Ares Commercial (ACRE) to $5 from $7 and keeps an Underperform rating on the shares. 2025 is a transitional year as Ares Commercial focuses on resolving underperforming investments, says the firm, which is reducing its 2025 and 2026 EPS estimates to (30c) and 48c from 82c and 92c, respectively.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue