Research Alert: CFRA Reiterates Buy Opinion On Shares Of Ares Management Corporation
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CFRA has reiterated a buy opinion on Ares Management Corporation, viewing recent share price weakness as a buying opportunity. They maintain a target price of $160, citing a forward P/E of 26.2x. Analysts have adjusted EPS estimates for 2026 and 2027 downwards. Concerns regarding AI's impact on software companies are deemed minimal, with only 5%-6% of AUM related to software. A dividend yield of 4.6% is supported by strong business growth, although risks from the Iran-U.S. war are noted.
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