J.P. Morgan analyst Ken Worthington maintained a Buy rating on Ares Management (ARES – Research Report) yesterday and set a price target of $90.00. The company's shares closed last Tuesday at $71.69. According to TipRanks.com, Worthington is a 3-star analyst with an average return of 2.5% and a 50.9% success rate. Worthington covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Intercontinental Exchange, and Bridge Investment Group. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ares Management with a $93.63 average price target, a 23.8% upside from current levels.
https://www.tipranks.com/news/blurbs/ares-management-ares-gets-a-buy-rating-from-j-p-morgan?utm_source=advfn.com&utm_medium=referral
Ares Management (NYSE:ARES)
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