B of A Securities Maintains Underperform on Rocket Companies, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Mihir Bhatia maintains an Underperform rating on Rocket Companies (NYSE:RKT) but raises the price target from $12 to $14.
August 29, 2024 | 12:20 pm
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NEUTRAL IMPACT
B of A Securities maintains an Underperform rating on Rocket Companies but raises the price target from $12 to $14, indicating a slightly more optimistic outlook.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive sentiment. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100