Bank of America Securities Reaffirms Their Buy Rating on Ares Management (ARES)
Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Ares Management on April 2 and set a price target of $148.00.
Easter Sale - 70% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Siegenthaler covers the Financial sector, focusing on stocks such as BlackRock, T Rowe Price, and Blue Owl Capital. According to TipRanks, Siegenthaler has an average return of 14.1% and a 56.35% success rate on recommended stocks.
In addition to Bank of America Securities, Ares Management also received a Buy from Goldman Sachs’s Alexander Blostein in a report issued today. However, on April 1, TipRanks – OpenAI reiterated a Hold rating on Ares Management (NYSE: ARES).
Based on Ares Management’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.77 billion and a net profit of $54.25 million. In comparison, last year the company earned a revenue of $1.26 billion and had a net profit of $177.32 million
Read More on ARES:
Disclaimer & DisclosureReport an Issue
- Schwab U.S. Dividend Equity ETF (SCHD) Daily Update, 4/6/2026
- Ares Management price target lowered to $148 from $180 at BofA
- Schwab U.S. Dividend Equity ETF (SCHD) Daily Update, 4/3/2026
- Blue Owl Caps Redemptions after Getting Hit with $5.4B in Withdrawal Requests
- Blue Owl falls after capping withdrawals in two private credit funds
