Hamilton Lane rises as Wells Fargo initiates coverage with "overweight" rating

Hamilton Lane Incorporated

02/10/2026 15:48

** Private markets investment management firm Hamilton Lane HLNE.O climbs 2.5% to $90.80
** Wells Fargo initiates coverage with "overweight" rating and PT of $103
** HLNE has strong exposure to private wealth and non-US markets, which could be areas of above-average growth - Wells Fargo
** Brokerage says HLNE has high potential if the alternative-investment market recovers, because it is heavily exposed to the private-wealth growth channel
** Stock trading at 12.14 times expected earnings per share over next 12 months, well above industry median of 10.67 - LSEG data
** 7 of 8 brokerages rate the stock "buy" or higher, 1 "hold"; median PT is $108.50 - data compiled by LSEG
** Including session's move, HLNE up 32.80% YTD

(Reporting by Jayasree Prabhu)
((jayasree.prabhu@thomsonreuters.com))