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Fly News Breaks for February 7, 2018
HTGC
Feb 7, 2018 | 07:19 EDT
As previously reported, Wedbush analyst Henry Coffey upgraded Hercules Capital to Outperform from Neutral, with a $13.75 price target, saying that with the release of Q3 results back in November, the company addressed many of the concerns and indicated it was renewing its commitment to being "internally managed." Further, the analyst believes the sell-off seen since November's peak has created an attractive entry point and the potential of a total return over the next 12 months of about 20%.