Compass Point Downgrades Hercules Capital to Neutral, Announces $17.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander has downgraded Hercules Capital (NYSE:HTGC) from Buy to Neutral and set a price target of $17.5.
January 16, 2024 | 8:00 pm
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NEGATIVE IMPACT
Hercules Capital was downgraded by Compass Point from Buy to Neutral with a new price target of $17.5.
Downgrades by analysts can lead to a negative perception among investors, potentially causing short-term price declines. The new price target may also influence market expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100