On 11/6/24, Veritex Holdings Inc (NASDAQ: VBTX) stock enjoyed a major increase of 13.0%, closing at $30.34. Moreover, this advance was accompanied by exceptionally high trading volume at 203% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.1% during the last week.
Current PriceTarget Research Rating
VBTX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Veritex Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Veritex Holdings has a good Appreciation Score of 76 and a very high Power Rating of 89, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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