BofA/Merrill Lynch Downgrades Ares Commercial (ACRE) to Neutral Citing Blaanced Risk/Return at Current Levels

May 23, 2018 6:15 AM EDT
Get Alerts ACRE Hot Sheet
Price: $14.97 +1.22%

Rating Summary:
    9 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 11 | New: 50
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

BofA/Merrill Lynch downgraded Ares Commercial (NYSE: ACRE) from Buy to Neutral with a price target of $14.00 (from $13.50).

For an analyst ratings summary and ratings history on Ares Commercial click here. For more ratings news on Ares Commercial click here.

Shares of Ares Commercial closed at $13.89 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst PT Change, Downgrades