JMP Securities Reiterates Market Outperform on Velocity Financial, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Chris McGinnis has reiterated a Market Outperform rating for Velocity Financial (NYSE:VEL) and maintained a price target of $21.
September 16, 2024 | 2:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JMP Securities has reiterated its Market Outperform rating for Velocity Financial, maintaining a $21 price target. This suggests confidence in VEL's potential for growth.
The reiteration of a Market Outperform rating and maintenance of a $21 price target by JMP Securities indicates a positive outlook for Velocity Financial. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100