TD Cowen analyst William Katz maintains $Ares Management (ARES.US)$ with a buy rating, and adjusts the target price from $175 to $187.
According to TipRanks data, the analyst has a success rate of 64.6% and a total average return of 12.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Ares Management (ARES.US)$'s main analysts recently are as follows:
Post-Q3 results, expectations for Ares Management's fee-related earnings margin are undergoing a revision, with a newfound understanding of the supplementary distribution fees and continuous investments. Additionally, there is an increased recognition of the potential resilience in Ares's fundraising efforts.
The firm believes the optimistic scenario for Ares Management continues to hold strong, with the company maintaining or exceeding progress on 28 key performance indicators as outlined during its recent investor day.
The firm's sentiment on Ares Management has improved, prompting an adjustment of the expected valuation. This adjustment comes despite the shares underperforming on November 1 due to a softer than anticipated third quarter, along with persistent worries regarding margins and the expenses associated with wealth distribution. Nonetheless, a positive aspect was identified in the robust fundraising efforts and an uptick in deployment.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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TD Cowen分析師William Katz維持$Ares Management (ARES.US)$買入評級，並將目標價從175美元上調至187美元。
根據TipRanks數據顯示，該分析師近一年總勝率為64.6%，總平均回報率為12.9%。
此外，綜合報道，$Ares Management (ARES.US)$近期主要分析師觀點如下：
在第三季度業績之後，對Ares Management費用相關收益率的預期正在進行修訂，對補充分銷費和持續投資有了新的認識。此外，人們越來越認識到 Ares 籌款活動的潛在彈性。
該公司認爲，Ares Management的樂觀情緒繼續保持強勁，正如最近投資者日所概述的那樣，該公司在28個關鍵績效指標上保持或超過了進展。
該公司對Ares Management的情緒有所改善，這促使預期估值進行了調整。儘管由於第三季度表現不佳，以及對利潤率和財富分配相關支出的持續擔憂，該股在11月1日表現不佳，但還是進行了此次調整。儘管如此，在強有力的籌資活動和部署的增加中，發現了一個積極的方面。
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