TriplePoint Venture price target lowered to $9.50 from $11 at Wells Fargo

Wells Fargo analyst Finian O’Shea lowered the firm’s price target on TriplePoint Venture to $9.50 from $11 and keeps an Equal Weight rating on the shares. Even with stable credit, TriplePoint’s returns are likely to face pressure from renewed incentive fee and leverage profiles, the firm says.