In a report released today, Crispin Love from Piper Sandler maintained a Buy rating on Hercules Capital (HTGC – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $16.10.
Love covers the Financial sector, focusing on stocks such as Hercules Capital, Ellington Financial, and SEI Investments Company. According to TipRanks, Love has an average return of 5.0% and a 47.06% success rate on recommended stocks.
Currently, the analyst consensus on Hercules Capital is a Moderate Buy with an average price target of $17.33, a 7.64% upside from current levels. In a report released yesterday, JMP Securities also reiterated a Buy rating on the stock with a $18.00 price target.
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HTGC market cap is currently $2.39B and has a P/E ratio of 7.26.
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Hercules Capital (HTGC) Company Description:
Hercules Capital, Inc. is a specialty finance company, which focuses on providing senior secured loans to high-growth, innovative venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. The company was founded by Manuel A. Henriquez in December 2003 and is headquartered in Palo Alto, CA.
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