Hovde Group Downgrades Veritex Holdings to Market Perform, Announces $20.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Hovde Group analyst Brett Rabatin has downgraded Veritex Holdings (NASDAQ:VBTX) from Outperform to Market Perform and set a price target of $20.5.
July 05, 2023 | 11:59 am
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Veritex Holdings has been downgraded by Hovde Group from Outperform to Market Perform with a price target of $20.5.
The downgrade from Outperform to Market Perform by Hovde Group indicates a less optimistic outlook for Veritex Holdings. This could potentially lead to a decrease in the stock's price in the short term. The price target of $20.5 also provides a benchmark for investors.
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