Downgrades Outperform Mkt Perform X

ARCC Ares Capital

Raymond James

Upgrades Eq Weight Overweight X

ARCC Ares Capital

Wells Fargo

Upgrades Eq Weight Overweight X

ARCC Ares Capital

Wells Fargo

$23

Downgrades Buy Neutral X

ARCC Ares Capital

B. Riley Securities

$21

Initiated Buy X

ARCC Ares Capital

B. Riley Securities

$20.50

Downgrades Overweight Eq Weight X

ARCC Ares Capital

Wells Fargo

$20 $18

Upgrades Mkt Perform Outperform X

ARCC Ares Capital

Hovde Group

Upgrades Neutral Overweight X

ARCC Ares Capital

JP Morgan

$22

Initiated Market Perform X

ARCC Ares Capital

Hovde Group

$22.50

Initiated Buy X

ARCC Ares Capital

Citigroup

$19

ARCC  Ares Capital Corporation - Closed End Fund

Ares Capital Corporation is a specialty finance company. The Company operates as a closed-end, non-diversified management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in the United States middle-market companies. It may from time to time invest in larger or smaller (in particular, for investments in early-stage and/or venture capital-backed) companies. It invests primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position), second lien senior secured loans, and mezzanine debt, which in some cases includes an equity component. It invests in various industries, such as automotive services, business services, consumer products, and containers and packaging. Ares Capital Management LLC serves as its investment advisor.