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ares commercial real estate faces analyst downgrades and stock price decline
FMR LLC increased its stake in Ares Commercial Real Estate, now holding 7,741 shares valued at $54,000. UBS Group lowered its price target for the stock from $6.00 to $5.25, maintaining a "neutral" rating, while analysts generally rate it as a "Hold." The stock recently traded down 1.3% to $4.84, with a market cap of $265.25 million.
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