Wells Fargo Maintains Overweight on Hercules Capital, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea maintains an Overweight rating on Hercules Capital (HTGC) and raises the price target from $19.5 to $20.
May 03, 2024 | 6:01 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Overweight rating on Hercules Capital and increased the price target to $20.
The upgrade in the price target by a reputable analyst like Finian O'Shea from Wells Fargo is a positive signal to the market, indicating a bullish outlook on HTGC's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100