Target Price Lifted

Analysts have lifted Ares Commercial Real Estate’s (ACRE) target price from US$4.50 to US$5, citing a reassessment of Q4 mortgage‑finance data. Bank of America and Wells Fargo updated their estimates, indicating institutional interest. Despite the higher target, BofA retains an Underperform rating, flagging execution risks and sector headwinds as potential drag on fair‑value outlook.