Raymond James Reiterates Outperform on Velocity Financial, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws has reiterated an Outperform rating on Velocity Financial (NYSE:VEL) and raised the price target from $20 to $22.
May 30, 2024 | 4:05 pm
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Raymond James analyst Stephen Laws has reiterated an Outperform rating on Velocity Financial and raised the price target from $20 to $22.
The reiteration of an Outperform rating and the increase in the price target from $20 to $22 by a reputable analyst is likely to positively impact the stock price of Velocity Financial in the short term. This signals confidence in the company's performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100