Hamilton Lane shares climb after J.P. Morgan upgrades to 'overweight'

Hamilton Lane Incorporated

16/04/2026 10:31

** Shares of private markets asset management firm Hamilton Lane HLNE.O rise nearly 2.5% to $107.7 in premarket

** J.P. Morgan upgrades stock rating to "overweight" from "neutral"

** Says, co's lower exposure to private credit, continued strength in recent wealth flows, and expected near-term inflows into its Secondaries fund, supported by strong predecessor performance

** "Equity investor fears around private credit broadly, and the potential adverse impact of AI disintermediation on alternative asset management portfolio companies have been well documented by us and by others"- Brokerage

** Adds, While it is not well-positioned to judge whether AI‑related concerns are justified, believes the recent sell‑off in North American alternative asset managers may be overdone

** Seven analysts rate the stock "buy" on average; median PT is $151 - data compiled by LSEG

** As of last close, HLNE is down ~22% YTD

 (Reporting by Akriti Shah in Bengaluru)

 ((akriti.shah@thomsonreuters.com))