JMP Securities Maintains Market Outperform on Velocity Financial, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Chris McGinnis maintains a Market Outperform rating on Velocity Financial (NYSE:VEL) and raises the price target from $19 to $21.
August 02, 2024 | 6:32 pm
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POSITIVE IMPACT
JMP Securities has maintained a Market Outperform rating on Velocity Financial and increased the price target from $19 to $21, indicating positive sentiment and potential for stock price appreciation.
The raised price target and maintained Market Outperform rating from JMP Securities suggest a positive outlook for Velocity Financial, likely leading to increased investor confidence and potential short-term stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100