Citi analyst Arren Cyganovich raised the firm’s price target on Velocity Financial to $14 from $13 and keeps a Neutral rating on the shares. The analyst says the company posted solid Q3 results with better than expected production volumes and improved net interest margin.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VEL: