Ares Management's (NYSE:ARES) stock price target was raised to $168.00 by Royal Bank Of Canada, up from a previous estimate of $162.00.
This increase represents a potential upside of 24.37% from the company's previous close of $135.08.
The brokerage currently has an 'outperform' rating on Ares Management's stock, and this move follows a series of upgrades and downgrades from other analysts in recent months.
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