Trinity Capital price target raised to $19 from $17.50 at Citizens

Citizens raised the firm’s price target on Trinity Capital (TRIN) to $19 from $17.50 and keeps an Outperform rating on the shares. The private capital industry is adjusting to a new operating backdrop marked by lower interest rates, creating mixed impacts across products but underscoring the importance of understanding underlying earnings drivers, the analyst tells investors in a research note. Scale and diversification should support resilient growth into 2026, making manager selection increasingly critical despite expectations for continued industry expansion, the firm says.