Deep Dive Into Rocket Companies Stock: Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have published ratings on Rocket Companies (NYSE:RKT), with a mix of 'Indifferent' and 'Somewhat Bearish' sentiments. The average 12-month price target has increased to $12.88, reflecting a 14.49% rise from the previous target. Analysts from Wedbush, Barclays, JP Morgan, and Piper Sandler have raised their price targets, indicating a cautiously optimistic outlook.
August 02, 2024 | 2:01 pm
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Rocket Companies (NYSE:RKT) has received mixed analyst ratings over the past three months, with a shift towards a more positive outlook as reflected in the increased average 12-month price target of $12.88. Analysts from Wedbush, Barclays, JP Morgan, and Piper Sandler have raised their price targets, indicating cautious optimism.
The increase in the average 12-month price target to $12.88, along with raised targets from major analysts, suggests a cautiously optimistic outlook for Rocket Companies. This could lead to a short-term positive impact on the stock price.
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