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Eric Dray Downgraded (ACRE) to Sell and Decreased Target to $7 on, Mar 4th, 2024


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Eric Dray of B of A Securities, Downgraded "Ares Commercial Real Estate Corporation" (ACRE) to Sell and Decreased Target from $11 to $7 on, Mar 4th, 2024.

Eric has made no other calls on ACRE in the last 4 months.



There are 4 other peers that have a rating on ACRE. Out of the 4 peers that are also analyzing ACRE, all agree with Eric's Rating of Hold. Following are those relevant analyst calls for the last 4 months


  • Jade Rahmani of "Keefe, Bruyette & Woods" Maintained at Hold with Decreased Target to $8 on, Monday, February 26th, 2024
  • Richard Shane of "JP Morgan" Maintained at Hold with Decreased Target to $8 on, Friday, February 23rd, 2024
  • Douglas Harter of "UBS" Initiated at Hold and Held Target at $11 on, Wednesday, December 6th, 2023
  • Steven Delaney of "JMP Securities" Downgraded from Buy to Hold on, Tuesday, December 5th, 2023

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