Wedbush Maintains Neutral on Rocket Companies, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless maintains a Neutral rating on Rocket Companies (NYSE:RKT) but raises the price target from $15 to $18.

September 11, 2024 | 1:14 pm
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Wedbush analyst Jay McCanless maintains a Neutral rating on Rocket Companies but raises the price target from $15 to $18, indicating a positive outlook.
The increase in the price target from $15 to $18 suggests a more positive outlook on Rocket Companies' future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100