JP Morgan Maintains Neutral on Rocket Companies, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained a Neutral rating on Rocket Companies (NYSE:RKT) and lowered the price target from $12 to $9.
October 17, 2023 | 5:24 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on Rocket Companies and lowered the price target from $12 to $9.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100