Morgan Stanley lowered the firm’s price target on Hamilton Lane (HLNE) to $154 from $169 and keeps an Equal Weight rating on the shares. The firm updated its price targets for Alternative Asset Mgrs, North America under its coverage, the analyst tells investors. While credit concerns will likely dominate near-term market valuations, capital markets rebound is on track, the firm adds.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLNE:
- Oppenheimer upgrades Hamilton Lane to Outperform amid ‘attractive entry point’
- Hamilton Lane upgraded to Outperform from Perform at Oppenheimer
- Hamilton Lane upgraded to Outperform from Market Perform at Keefe Bruyette
- Crypto Currents: BNY Mellon, ICE, Morgan Stanley expand crypto services
- Hamilton Lane Amends Loan Agreement with JPMorgan