On May 26, 2023, Hamilton Lane Inc. (NASDAQ:HLNE) received a positive upgrade from Oppenheimer analyst Chris Kotowski. Kotowski upgraded the company’s rating from Perform to Outperform, and also revealed an impressive $87 price target.
The decision to upgrade was based on Hamilton Lane’s strong valuation, indicating that the company is on the path to success. This news is sure to excite investors and stakeholders alike, as they eagerly anticipate the company’s future growth and success.
AllianceBernstein Holding LP (HLNE) Stock Market Update: Positive Day with 1.20% Gain on May 26, 2023
On May 26, 2023, AllianceBernstein Holding LP (HLNE) had a positive day in the stock market, with a gain of 1.20% or $0.40 per share. The day’s trading range was between $65.81 and $66.81, with a total volume of 4,952 shares traded.
AllianceBernstein Holding LP is a finance company that operates in the investment management industry. The company’s net profit margin is 38.57%. The company’s earnings growth last year was 42.87%, while this year’s earnings growth was -27.89%. However, the company’s earnings growth is expected to increase by 10.00% over the next five years.
Overall, AllianceBernstein Holding LP had a positive day in the stock market on May 26, 2023, with a gain of 1.20%.
Hamilton Lane Inc Reports Strong Q1 Earnings and Analysts Predict 18.52% Increase in Stock Price
On May 26, 2023, Hamilton Lane Inc (HLNE) reported its current quarter earnings per share of $0.87 and sales of $113.8 million. As of May 26, 2023, the 7 analysts offering 12-month price forecasts for Hamilton Lane Inc have a median target of $78.00. This represents a +18.52% increase from the last price of $65.81. The high estimate for the stock price is $87.00, while the low estimate is $71.00. Hamilton Lane Inc is a leading private markets investment management firm that specializes in alternative investments. The company’s strong financial performance can be attributed to its expertise in alternative investments.
Discussion about this post