BTIG Maintains Buy on Velocity Financial, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Sarah Barcomb has maintained a Buy rating on Velocity Financial (NYSE:VEL) and increased the price target from $14 to $17, indicating a positive outlook on the company's stock.
December 12, 2023 | 11:45 am
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BTIG analyst Sarah Barcomb maintains a Buy rating on Velocity Financial and raises the price target from $14 to $17, suggesting a bullish stance on the stock.
The increase in price target by BTIG reflects a positive assessment of Velocity Financial's prospects, likely leading to increased investor confidence and potential short-term stock price appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100