Is Ares Capital (ARCC) a Buy as Wall Street Analysts Look Optimistic?
ARCCAres Capital(ARCC) ZACKS·2024-09-19 22:30

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Ares Capital (ARCC) .Ares Capital currently has an average brokerage recommendation (ABR) of 1. ...