TD Cowen Reaffirms Its Buy Rating on Ares Management Corporation (ARES) with $205 Price Target

Ares Management Corporation (NYSE:ARES) is one of the 20 Best Stocks to Buy and Hold for a Lifetime, delivering consistent revenue and dividend growth.

After a thorough sell-side teach-in on September 25, TD Cowen reaffirmed its Buy recommendation on Ares Management Corporation (NYSE:ARES) on September 26, 2025, with a $205 price target. Updates in five major growth areas—wealth management, secondaries, real estate, digital infrastructure, and asset-based finance—were highlighted throughout the event.

In addition to targets linked to the October 2024 GCP digital infrastructure acquisition, Ares Management Corporation (NYSE:ARES) increased its 2028 projections for assets under management and fee-related earnings.

“Ares is positioned to capture outsized share gains in massive addressable markets, which are estimated to be worth $200 trillion combined, where Ares Management Corporation (NYSE:ARES) currently represents less than 0.5%,” the investment group stressed.

Although the company’s second-quarter 2025 sales of $1.35 billion were about 30% higher than anticipated, its earnings per share (EPS) of $1.03 were only marginally higher than the $1.09 prediction, indicating a mixed short-term financial performance.

Direct lending and private equity investments are the main areas of focus for Ares Management Corporation (NYSE:ARES), an alternative asset management firm with operations in the US, Europe, and Asia. It is one of the best stocks to buy.

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