Compass Point Upgrades Hercules Capital to Buy, Announces $17.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Compass Point analyst Casey Alexander has upgraded Hercules Capital (NYSE:HTGC) from Neutral to Buy and set a price target of $17.5.

August 30, 2023 | 10:12 am
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Hercules Capital has been upgraded from Neutral to Buy by Compass Point analyst Casey Alexander, with a new price target of $17.5.
The upgrade from Neutral to Buy indicates a positive outlook for Hercules Capital. The new price target of $17.5, if higher than the current price, suggests that the analyst expects the stock to rise in the short term. This could potentially lead to increased buying interest in the stock, positively impacting its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100