StockNews.AI
HTGC
StockNews.AI
165 days

Hercules Capital Receives Investment Grade Rating Upgrade to BBB (high) with Revised Outlook to Stable from Morningstar DBRS

1. Morningstar DBRS upgraded HTGC's credit rating to BBB (high) from BBB. 2. Trend revision changed from Positive to Stable, indicating solid credit positioning.

2m saved
Insight
Article

FAQ

Why Bullish?

The upgrade to a higher credit rating typically correlates with improved investor confidence. Historical examples show similar upgrades positively influenced stock prices in the past.

How important is it?

The upgrade enhances HTGC's financial standing, likely attracting more investments. Improved ratings generally stimulate market interest and can lead to higher trading volumes.

Why Short Term?

Investor sentiment might react quickly to the improved credit rating, influencing short-term stock performance. Recent trends suggest that such announcements can lead to immediate price movements.

Related Companies

AAPLTSLAGOOGL
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Morningstar DBRS (“DBRS”) has upgraded Hercules' investment grade credit and corporate rating to BBB (high) from BBB with a trend revision from Positive to Stable, as w.

Related News