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ARES Management: Going For Its Fourth Consecutive EPS Miss And Its Second Sequential Quarter Of Revenue Contraction, Avoid Or Short

Ares Management, L.P. (NYSE:ARES) is a hard sell. This underperforming IPO from early May has a flat IPO to date performance after pricing its IPO shares lower than the targeted mid-price range. Goldman Sachs analyst Marc Irizarry was dead on in late-May just after the quiet period expiration in stating