Piper Sandler Reiterates Neutral on Rocket Companies, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brad Capuzzi has reiterated a Neutral rating on Rocket Companies (NYSE:RKT) and increased the price target from $12 to $13.
May 07, 2024 | 1:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Rocket Companies but raised the price target from $12 to $13.
The increase in price target by Piper Sandler suggests a positive outlook on the company's future performance, potentially leading to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100