JP Morgan Maintains Underweight on Rocket Companies, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Underweight rating on Rocket Companies (NYSE:RKT) but raises the price target from $13.5 to $15.
August 02, 2024 | 8:53 pm
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JP Morgan analyst Richard Shane maintains an Underweight rating on Rocket Companies but raises the price target from $13.5 to $15.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100