Goldman Sachs raised the firm’s price target on HASI (HASI) to $32 from $31 and keeps a Neutral rating on the shares. The company’s Q3 earnings meaningfully exceeded expectations and achieved a quarterly record, driven by refinancing debt that added about $24M in equity method earnings, the analyst tells investors in a research note. HASI continues to increase its adj. recurring net investment income as it deploys more capital from CCH1, the firm added.
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