Analysts at StockNews.com downgraded Ares Commercial Real Estate (ACRE) from hold to sell.
Analysts at StockNews.com downgraded Ares Commercial Real Estate (ACRE) from a hold to a sell rating, with Keefe, Bruyette & Woods reducing its price target from $7.50 to $7.00 and setting a market perform rating. ACRE, a specialty finance company, has a consensus rating of 'Hold' and a consensus price target of $7.80. Hedge funds and institutional investors currently own 41.34% of the company's stock.
August 18, 2024
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