Citizens Analyst Lowers Price Target for Hercules Capital (HTGC) but Reaffirms Outperform Rating
On April 22, Citizens analyst Devin Ryan reduced the price target for Hercules Capital Inc. (NYSE: HTGC) to $22 from $24 while maintaining an 'Outperform' rating. The analyst cited strong fundamentals and improving valuation multiples as reasons for confidence in the stock.
Topics: BDC Stocks Citizens Analyst Hercules Capital Outperform Rating