Quiet period over on Ares Management


"Valuation is mostly full and bakes in growth and fee stability attributes - while upside surprises in performance/distributions from credit funds look less likely," says Goldman analyst Marc Irizarry, initiating Ares Management (ARES) with a Neutral and $72 price target.

Also starting at Neutral/Hold/Market Perform: KBW.

Starting the stock at Buy/Overweight/Outperform: RBC Capital, SunTrust, JPMorgan, and Wells Fargo.

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Comments (1)
  • skizzer
    , contributor
    Comments (3) | Send Message
     
    am i seeing things correctly? thought ARES was priced at 19. and now it's down to 18 ish. where does 72 come frm?
    27 May 2014, 08:49 AM Reply Like
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