There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Coinbase Global (COIN – Research Report), Hercules Capital (HTGC – Research Report) and Hippo Holdings (HIPO – Research Report) with bullish sentiments.
Coinbase Global (COIN)
JMP Securities analyst Devin Ryan maintained a Buy rating on Coinbase Global today and set a price target of $320.00. The company’s shares closed last Thursday at $228.85.
According to TipRanks.com, Ryan is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coinbase Global with a $229.62 average price target, implying a 6.1% upside from current levels. In a report issued on April 29, H.C. Wainwright also reiterated a Buy rating on the stock with a $300.00 price target.
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Hercules Capital (HTGC)
In a report released today, Brian McKenna from JMP Securities reiterated a Buy rating on Hercules Capital, with a price target of $20.00. The company’s shares closed last Thursday at $19.30, close to its 52-week high of $19.43.
According to TipRanks.com, McKenna is a 5-star analyst with an average return of
Currently, the analyst consensus on Hercules Capital is a Moderate Buy with an average price target of $19.42, implying a 0.1% upside from current levels. In a report issued on April 29, Wells Fargo also maintained a Buy rating on the stock with a $19.50 price target.
Hippo Holdings (HIPO)
In a report released today, Matthew Carletti from JMP Securities reiterated a Buy rating on Hippo Holdings, with a price target of $25.00. The company’s shares closed last Thursday at $18.97.
According to TipRanks.com, Carletti is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hippo Holdings with a $23.00 average price target, implying a 10.5% upside from current levels. In a report released yesterday, KBW also assigned a Buy rating to the stock with a $21.00 price target.
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Read More on COIN:
- COIN Earnings: Coinbase Slips despite Strong Earnings Beat
- Options Volatility and Implied Earnings Moves Today, May 02, 2024
- Coinbase price target raised to $260 from $151 at Citi
- Coinbase call buyer realizes 39% same-day gains
- Options Volatility and Implied Earnings Moves This Week, April 29 – May 02, 2024
