Velocity Financial Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Velocity Financial (NYSE:VEL) has received diverse ratings from 7 analysts over the past three months, with a notable increase in the average 12-month price target to $18.93. Analysts have predominantly raised their ratings and price targets, reflecting a positive outlook on the company's performance.
May 30, 2024 | 6:00 pm
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POSITIVE IMPACT
Velocity Financial has seen a positive shift in analyst ratings and price targets, with the average 12-month target increasing to $18.93. Analysts have predominantly raised their ratings, indicating a favorable outlook on the company's performance.
The majority of analysts have raised their ratings and price targets for Velocity Financial, reflecting a positive sentiment towards the company's future performance. This is likely to have a favorable impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100