BTIG Maintains Buy on Velocity Financial, Raises Price Target to $18
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 $17 to $18.
March 11, 2024 | 12:35 pm
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BTIG analyst Sarah Barcomb has reaffirmed a Buy rating on Velocity Financial and raised the price target from $17 to $18.
The upgrade in the price target by BTIG indicates a positive outlook on Velocity Financial's stock, suggesting potential upside. This is likely to be viewed positively by investors, potentially driving short-term price appreciation.
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