4 Analysts Have This to Say About Velocity Financial
Portfolio Pulse from Benzinga Insights
In the last quarter, 4 analysts have provided ratings for Velocity Financial (NYSE:VEL), with 1 being bullish, 2 somewhat bullish, and 1 indifferent. The average 12-month price target for the company is $14.5, an increase of 13.02% from the previous average of $12.83.
October 23, 2023 | 2:00 pm
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POSITIVE IMPACT
Analysts' ratings for Velocity Financial (NYSE:VEL) are mostly positive, with an increased 12-month price target. This could potentially boost investor confidence in the short term.
The majority of analysts have given positive ratings for Velocity Financial, indicating a positive outlook for the company. The increased 12-month price target suggests that analysts expect the company's stock price to rise, which could potentially attract more investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100