Goldman Sachs Maintains Neutral on Rocket Companies, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash maintains a Neutral rating on Rocket Companies (NYSE:RKT) and raises the price target from $9 to $10.
August 04, 2023 | 3:32 pm
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Goldman Sachs maintains a Neutral rating on Rocket Companies and raises the price target from $9 to $10.
The news is directly related to Rocket Companies. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no significant change in the company's performance. However, the increase in the price target from $9 to $10 suggests a slightly positive outlook, which could potentially influence investor sentiment and the stock's short-term performance. The impact is neutral as the rating remains unchanged, but the raised price target could have a slight positive effect.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100