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Investing.com - Citizens JMP analyst Brian McKenna raised the price target on Ares Management, L.P. (NYSE:ARES) to $205.00 from $195.00 while maintaining a Market Outperform rating. The new target approaches the stock’s all-time high of $200.49, with shares already delivering a robust 42.11% return over the past year.
The price target increase represents a $10 upward revision from the previous target of $195.00 set by the investment firm.
Citizens JMP maintained its bullish Market Outperform rating on the stock, signaling continued confidence in Ares Management’s business outlook.
For deeper insights into Ares Management’s valuation and growth metrics, investors can access comprehensive analysis through InvestingPro, which offers exclusive financial health scores and detailed research reports.The analyst note included comments about Addus HomeCare (NASDAQ:ADUS), stating "We reiterate our Market Outperform rating on Addus HomeCare (ADUS)."
The note also referenced Addus HomeCare’s second-quarter 2025 results, reporting revenue of $349.4 million, representing 22% year-over-year growth, which exceeded both the firm’s estimate and consensus of $346.5 million.
In other recent news, Ares Management Corporation reported its second-quarter after-tax realized income per share at $1.03, which did not meet analyst expectations of $1.09. This shortfall was attributed to lower performance-related earnings, as noted by Keefe, Bruyette & Woods. Despite the earnings miss, CFRA raised its price target for Ares Management to $205, maintaining a Buy rating. The research firm highlighted Ares Management’s strong position in private credit as justification for the premium valuation. Similarly, Keefe, Bruyette & Woods increased its price target to $203, maintaining an Outperform rating. Both firms indicated confidence in the company despite the earnings miss. These recent developments underscore the ongoing interest and varying perspectives of analysts regarding Ares Management’s financial performance and future prospects.
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