JP Morgan Maintains Underweight on Rocket Companies, Raises Price Target to $19
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 $15 to $19.
October 07, 2024 | 5:47 pm
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JP Morgan analyst Richard Shane maintains an Underweight rating on Rocket Companies but raises the price target from $15 to $19, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the increased price target indicates some positive expectations. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100