JMP Securities raised the firm’s price target on Velocity Financial to $17.50 from $13.50 and keeps an Outperform rating on the shares. Quarterly core EPS handily beat estimates and credit is stable and showing signs of improvement, the analyst tells investors in a research note.
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- Velocity Financial Unveils Q4 and Year-End Earnings Insights
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- Velocity Financial price target raised to $17 from $16 at Citi
