Macquarie Upgrades Ares Capital (ARCC) to Outperform

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UBS Reiterates Buy on Ares Capital (ARCC) Following Investment Community Presentation

October 1, 2015 8:59 AM EDT

UBS reiterated a Buy rating and $20.00 price target on Ares Capital (NASDAQ: ARCC) following an investment community presentation. To offset earnings drag and capitalizing on the opportunity of no longer being restricted by the GE agreement as well as better competitive dynamics post-GE sponsor finance sale, ARCC plans to increase syndications... More