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Fly News Breaks for March 1, 2016
ARCC
Mar 1, 2016 | 08:26 EDT
Wells Fargo believes that Ares' valuation is attractive following its decline, and it says that the company has a "strong underwriting track record" and can benefit from a closure of its GE partnership and/or a significant ramp in its partnership with Varagon. The firm thinks the company reported solid NOI in Q4, and it keeps an Outperform rating on the shares.
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