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Bank of America Securities Remains a Buy on Ares Management (ARES)

Reported by The Globe and Mail
Nov 4, 2026· 2 min read
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Key Takeaways
  • • Bank of America Securities analyst Craig Siegenthaler reiterated a Buy rating on Ares Management (NYSE: ARES) with a price target of $164.00, according to a TipRanks report published November 3, 2026.
  • • Piper Sandler's Crispin Love also rated Ares Management a Buy in a report issued the same day, while BMO Capital assigned a Hold rating on November 1.
  • • Ares reported quarterly revenue of $1.43 billion and net profit of $150.64 million for the quarter ended June 30, versus $1.35 billion revenue and $137.06 million net profit a year earlier.
Summary
Bank of America Securities reiterated its Buy rating on Ares Management (NYSE: ARES) with a price target of $164.00, according to a TipRanks report published November 3, 2026. The note was issued by Craig Siegenthaler, who covers the financial sector and is tracked by TipRanks with an average return of 12.6% and a 58.00% success rate on recommended stocks. His coverage universe includes Tradeweb Markets, Invesco and LPL Financial.

The rating comes amid a mixed set of analyst views. Piper Sandler's Crispin Love also issued a Buy rating on Ares Management in a report dated the same day, while BMO Capital assigned a Hold rating on November 1, 2026.

According to the company's latest earnings release for the quarter ended June 30, Ares reported quarterly revenue of $1.43 billion and net profit of $150.64 million. For the comparable prior-year period, the company reported revenue of $1.35 billion and net profit of $137.06 million.

The article is a syndicated TipRanks item carried by The Globe and Mail, which stated it had not reviewed the content. Related coverage referenced in the piece includes recent price target changes from JPMorgan, Wells Fargo, TD Cowen and Keefe Bruyette.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

The Globe and Mail Bank of America Securities Remains a Buy on Ares Management (ARES)