UBS Initiates Coverage On Hercules Capital with Neutral Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Vilas Abraham has initiated coverage on Hercules Capital (NYSE:HTGC) with a Neutral rating and set a price target of $17.
November 21, 2023 | 11:22 am
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NEUTRAL IMPACT
UBS has initiated coverage on Hercules Capital with a Neutral rating and a price target of $17.
The initiation of coverage by UBS with a Neutral rating suggests a balanced view on the stock's potential, indicating neither a strong upside nor a significant downside. The price target of $17 provides a reference for investors but does not imply a substantial change from current trading levels. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100