Ares Comml Real Est (ACRE) Rating Maintained with Price Target Raised by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods maintains "Outperform" rating on Ares Comml Real Est (ACRE), with a raised price target from $5.50 to $6.00, marking a 9.09% increase. Analyst Jade Rahmani led the update. Ares Commercial Real Estate Corp operates in one segment, originating and managing a diversified portfolio of CRE debt-related investments, recognizing revenues through interest income from loans.