Keefe, Bruyette & Woods Downgrades Rocket Companies to Underperform, Announces $10.75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Bose George downgraded Rocket Companies (NYSE:RKT) from Market Perform to Underperform and set a price target of $10.75.
January 03, 2024 | 9:47 am
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Rocket Companies was downgraded by Keefe, Bruyette & Woods from Market Perform to Underperform with a price target of $10.75.
Downgrades by analysts typically lead to a negative perception among investors and can result in a short-term decline in the stock price. The new price target of $10.75 suggests a potential downside from the current trading price, assuming the stock was trading above this target prior to the downgrade.
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