Ares Management Corp Stock Price Nears 52-Week High
Ares Management Corp’s stock price has increased, reaching a level near its 52-week high. The company’s asset management firm focuses on tradable credit, direct lending, private equity, and real estate markets.
Business Segments
Ares Management Corp’s asset management firm operates in the following areas:
- Tradable credit
- Direct lending
- Private equity
- Real estate markets
Market Developments
Recent news indicates that other companies, such as Apollo Global Management, are expanding their presence in the private credit market. This development may impact Ares Management Corp’s operations.
Stock Rating Update
RBC Capital has updated its stock rating for Ares Management Corp, raising the price target to $215. This update suggests a positive outlook for the company’s stock performance.