The Latest Analyst Ratings For Rocket Companies
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Rocket Companies (NYSE:RKT), with a range of ratings from indifferent to bearish. The average 12-month price target has increased by 20.65% to $15.54. Despite challenges in profitability and asset utilization, Rocket Companies shows strong revenue growth and return on equity.
October 08, 2024 | 9:00 pm
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Rocket Companies (NYSE:RKT) has received mixed analyst ratings, with an increase in the average 12-month price target to $15.54. The company shows strong revenue growth but faces challenges in profitability and asset utilization.
The article provides a detailed analysis of recent analyst ratings for Rocket Companies, showing a range of sentiments from indifferent to bearish. The increase in the average price target suggests some positive outlook, but the company's financial metrics indicate challenges in profitability and asset utilization. This mixed information results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100