Ares Commercial Real Estate downgraded by Wells Fargo with a new price target

9/20/24 7:16:06 AM ET

Real Estate Investment Trusts

Real Estate

Wells Fargo downgraded Ares Commercial Real Estate from Equal Weight to Underweight and set a new price target of $7.00 from $7.50 previously

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Recent Analyst Ratings for
$ACRE

Date	Price Target	Rating	Analyst
9/20/2024	$7.50 → $7.00	Equal Weight → Underweight	Wells Fargo
7/19/2024		Neutral	BTIG Research
3/4/2024	$11.00 → $7.00	Buy → Underperform	BofA Securities
12/6/2023	$10.50	Neutral	UBS
12/5/2023		Mkt Outperform → Mkt Perform	JMP Securities
9/13/2023	$10.00	Equal Weight	Wells Fargo
8/18/2023		Outperform → Mkt Perform	Raymond James
4/25/2023		Buy → Neutral	BTIG Research