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Compass Point Upgrades Hercules Capital (HTGC) After Strong Q3 Results

Core Insights - Hercules Capital, Inc. (NYSE:HTGC) is recognized as one of the 15 Extreme Dividend Stocks to Buy According to Hedge Funds [1] - Compass Point upgraded Hercules Capital from Neutral to Buy, increasing its price target to $19.50 from $19.25 following strong Q3 results [2] Financial Performance - In Q3 2025, Hercules Capital reported record total investment income of $138.1 million and net investment income of $88.6 million, equating to $0.49 per share [3] - The company ended the quarter with over $1 billion in liquidity and no significant near-term debt maturities [3] Investment Activity - More than half of the company's gross fundings for the quarter occurred in the final month, indicating strong momentum into Q4 [4] - As of October 28, 2025, the investment team completed $554.4 million in new commitments and funded $237.4 million [4] Company Overview - Hercules Capital is a specialty finance firm that provides senior secured loans to venture capital-backed businesses in the technology and life sciences sectors [4]