HASI price target raised to $34 from $31 at Mizuho

Mizuho analyst Maheep Mandloi raised the firm’s price target on HASI to $34 from $31 and keeps an Outperform rating on the shares. The analyst expects management to reiterate the company’s fiscal year guidance and for the Q2 results to be largely in line with consensus. The firm marked-to-market HASI’s multiple relative to peers following credit rating upgrades and updated its model to reflect the recent debt issuance.