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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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%
- Mixed options sentiment in Rocket Companies with shares down 0.24%
- Option traders moderately bearish in Rocket Companies with shares down 1.75%
