Wells Fargo Maintains Overweight on Hercules Capital, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea has maintained an Overweight rating on Hercules Capital (NYSE:HTGC) and raised the price target from $20 to $21.
October 29, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Hercules Capital and increased the price target to $21, indicating a positive outlook.
The increase in price target from $20 to $21 by a major financial institution like Wells Fargo suggests a positive outlook for Hercules Capital. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100