Main Street price target raised to $65 from $60 at Lucid Capital

Lucid Capital raised the firm’s price target on Main Street (MAIN) to $65 from $60 and keeps a Neutral rating on the shares. The company’s preliminary Q4 guidance included “robust” net interest income, investment performance and net asset value growth above both Street estimates. However, the firm believes Main Street’s valuation largely reflects its earnings power and growth potential.