Piper Sandler raised the firm’s price target on Hercules Capital (HTGC) to $21 from $20 and keeps an Overweight rating on the shares. The firm notes Hercules posted a beat versus PSC and the Street and had a record quarter of originations. Piper views the results as very strong in the current environment with continued momentum in investment activity and improving credit.
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 HTGC: