TriplePoint Venture price target raised to $7.50 from $6.50 at Wells Fargo

Wells Fargo analyst Finian O’Shea raised the firm’s price target on TriplePoint Venture (TPVG) to $7.50 from $6.50 and keeps an Equal Weight rating on the shares. NAV stabilized as the adviser set a fee waiver to make its dividend in 2025, but shares are unlikely to re-rate without a sustained credit improvement, the firm says.