Barclays Keeps Their Buy Rating on Ares Management (ARES)
In a report released today, Benjamin Budish from Barclays maintained a Buy rating on Ares Management, with a price target of $190.00.
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Budish covers the Financial sector, focusing on stocks such as Charles Schwab, Robinhood, and KKR & Co. According to TipRanks, Budish has an average return of 16.1% and a 65.36% success rate on recommended stocks.
In addition to Barclays, Ares Management also received a Buy from TipRanks – PerPlexity’s PerPlexity Asset Management in a report issued on February 4. However, on the same day, TipRanks – Google downgraded Ares Management (NYSE: ARES) to a Hold.
Based on Ares Management’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.66 billion and a net profit of $288.88 million. In comparison, last year the company earned a revenue of $1.13 billion and had a net profit of $118.46 million
Read More on ARES:
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- Ares Management Reports Strong 2025 Results, Raises Dividend
- Ares Management reports Q4 adjusted EPS $1.45, consensus $1.69
- Ares Management Lp (ARES) Q4 Earnings Cheat Sheet
- Ares Management price target raised to $178 from $175 at Morgan Stanley
- Ares Management price target raised to $224 from $190 at Oppenheimer
