BTIG Initiates Coverage On Velocity Financial with Buy Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Sarah Barcomb has initiated coverage on Velocity Financial (NYSE:VEL) with a Buy rating and a price target of $14.
October 23, 2023 | 11:28 am
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POSITIVE IMPACT
Velocity Financial's stock may see a positive impact due to BTIG's Buy rating and a price target of $14.
Analyst ratings often influence the market's perception of a stock. In this case, BTIG's Buy rating and a price target of $14 for Velocity Financial could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100