Jefferies initiated coverage of Rocket Companies (RKT) with a Buy rating and $25 price target calling the stock the analyst’s “highest conviction” Buy in the mortgage finance sector. As the largest scaled originator and servicer in the U.S., the firm views Rocket as best positioned to benefit as mortgage volumes normalize through 2027, the analyst tells investors.
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Read More on RKT:
- Mixed options sentiment in Rocket Companies with shares up 4.21%
- Rocket Companies price target raised to $20 from $18 at Keefe Bruyette
- Mixed options sentiment in Rocket Companies with shares up 0.96%
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- Option traders moderately bearish in Rocket Companies with shares down 1.75%
