Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Ares Capital (ARCC) to $23 from $24 and keeps an Overweight rating on the shares. The firm says Ares Capital’s track record of “turning yarn into gold” continues to distinguish it from the field.
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Read More on ARCC:
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- Ares Capital Announces New Equity Distribution Agreements
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