Wells Fargo raised the firm’s price target on Ares Management (ARES) to $182 from $156 and keeps an Overweight rating on the shares. The firm says Ares outperformed on the EPS beat with strong deployment. Wells notes that Ares remains a top pick as it values its favorable positioning in market dislocation from asset class and channel mix.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARES:
- Ares Management: Strong Market Position and Growth Potential Drive Buy Rating
- Strong Financial Performance and Growth Potential Drive Buy Rating for Ares Management
- Ares Management Reports Strong Q1 2025 Results
- Ares Management announces 11.5B in U.S. direct lending commitments in Q1
- Ares Management reports Q1 afer-tax EPS $1.09, consensus 94c