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Hamilton Lane upgraded to Neutral from Sell at Goldman Sachs

Goldman Sachs upgraded Hamilton Lane (HLNE) to Neutral from Sell with a $162 price target Hamilton Lane has continued to improve its position in the structurally growing Wealth channel, which should remain more supportive to the firm’s overall EPS growth algo, the analyst tells investors in a research note. The firm added that it expects the company to grow net asset value to roughly $31B by end-2027 on the back of stable trends in its Private Markets/Secondaries products.

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