Ares Management Stock Surges 6.47% in Two Days, Trading Volume Hits 464th Rank

Ares Management Corporation (ARES) experienced a significant increase in trading volume, with its stock price rising by 2.98% over the past two days, marking a total gain of 6.47%. The company's trading volume reached 2.26 billion, placing it at the 464th position in the daily stock market rankings.

Ares Management Corporation (ARES) has seen a notable increase in its share price, driven by above-average trading volume. This trend is supported by recent revisions in earnings estimates, which have contributed to the positive market sentiment surrounding the company.

Wall Street analysts have set an average price target of $168.27 for Ares Management Corporation (ARES), indicating a substantial upside potential for the stock. This optimistic outlook is based on the company's strong financial performance and strategic acquisitions, such as its recent majority stake in Epika Fleet Services.

Ossiam has reduced its holdings in Ares Management Corporation (ARES) by 22.7% during the fourth quarter, as disclosed in its latest Form filing. This move by Ossiam may reflect a shift in investment strategy or a reassessment of the company's growth prospects.

Private equity investors are facing extended wait times for returns on their investments due to global trade uncertainties. This situation is likely to impact the liquidity and performance of private equity funds, including those managed by Ares Management Corporation (ARES).