Wedbush Maintains Neutral on Rocket Companies, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has maintained a Neutral rating on Rocket Companies (NYSE:RKT) and raised the price target from $8.5 to $11.
August 08, 2023 | 12:31 pm
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Wedbush analyst has maintained a Neutral rating on Rocket Companies and raised the price target from $8.5 to $11.
The news is directly about Rocket Companies. The analyst from Wedbush has maintained a Neutral rating, indicating no significant change in the company's outlook. However, the increase in price target from $8.5 to $11 suggests a positive sentiment towards the company's future performance. This could potentially lead to a slight increase in the stock price, but the Neutral rating suggests that the impact may not be significant in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100