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Analysts Conflicted on These Financial Names: Ares Management (ARES), MGIC Investment (MTG) and Thomson Reuters (TRI)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Ares Management (ARESResearch Report), MGIC Investment (MTGResearch Report) and Thomson Reuters (TRIResearch Report).

Ares Management (ARES)

In a report released yesterday, Kenneth Lee from RBC Capital maintained a Buy rating on Ares Management, with a price target of $120.00. The company’s shares closed last Thursday at $102.49.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 12.6% and a 57.3% success rate. Lee covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Sixth Street Specialty Lending, and BrightSphere Investment Group.

Ares Management has an analyst consensus of Moderate Buy, with a price target consensus of $115.25, representing an 11.8% upside. In a report issued on October 20, J.P. Morgan also maintained a Buy rating on the stock with a $126.00 price target.

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MGIC Investment (MTG)

RBC Capital analyst Scott Heleniak maintained a Hold rating on MGIC Investment yesterday and set a price target of $18.00. The company’s shares closed last Thursday at $16.96.

According to TipRanks.com, Heleniak is a 3-star analyst with an average return of 4.6% and a 72.0% success rate. Heleniak covers the Financial sector, focusing on stocks such as International General Insurance Holdings, American Equity Investment Life, and American International Group.

Currently, the analyst consensus on MGIC Investment is a Strong Buy with an average price target of $19.50.

Thomson Reuters (TRI)

In a report released yesterday, Drew Mcreynolds from RBC Capital maintained a Hold rating on Thomson Reuters, with a price target of $133.00. The company’s shares closed last Thursday at $127.05.

Mcreynolds has an average return of 32.2% when recommending Thomson Reuters.

According to TipRanks.com, Mcreynolds is ranked #2921 out of 8565 analysts.

Currently, the analyst consensus on Thomson Reuters is a Hold with an average price target of $139.12, implying a 12.1% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a $129.00 price target.

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