Forecasting The Future: 4 Analyst Projections For Veritex Holdings
Portfolio Pulse from Benzinga Insights
In the past three months, analysts have shown varied sentiments towards Veritex Holdings (NASDAQ:VBTX), with recent ratings leaning towards bullish. The average 12-month price target has increased by 5.66% to $28.0. Despite positive analyst ratings, Veritex faces financial challenges, including a revenue decline and below-average profitability metrics.
August 28, 2024 | 4:00 pm
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Veritex Holdings has received mostly bullish analyst ratings, with a 5.66% increase in the average price target to $28.0. However, the company faces financial challenges, including a revenue decline and low profitability metrics.
The bullish sentiment from analysts and the increase in price target suggest a positive short-term outlook for VBTX. However, the company's financial challenges, such as revenue decline and low profitability, may temper this optimism.
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