Keefe, Bruyette & Woods Upgrades Hercules Capital to Market Perform, Raises Price Target to $17
Portfolio Pulse from richadhand@benzinga.com
Keefe, Bruyette & Woods analyst Ryan Lynch has upgraded Hercules Capital (NYSE:HTGC) from Underperform to Market Perform and raised the price target from $13.5 to $17.

August 04, 2023 | 5:06 pm
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Hercules Capital's rating has been upgraded from Underperform to Market Perform by Keefe, Bruyette & Woods, with a price target increase from $13.5 to $17.
The upgrade from Underperform to Market Perform indicates a more positive outlook on the company's performance. The increase in price target from $13.5 to $17 suggests that the analyst expects the stock price to rise in the short term. This could potentially lead to an increase in the stock's price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100