Barclays analyst Terry Ma raised the firm’s price target on Rocket Companies (RKT) to $16 from $14 and keeps an Equal Weight rating on the shares. The company’s Q2 earnings were ahead of expectations despite the softer origination environment, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKT:
- Rocket Companies: Solid Q2 Performance Amid Rising Q3 Challenges and Strategic Cost Management
- Rocket Companies Surpasses Q2 2025 Revenue Expectations
- Closing Bell Movers: Apple up 2%, Amazon down over 6% after results
- Rocket Companies reports Q2 adjusted EPS 4c, consensus 3c
- Rocket Companies sees Q3 revenue $1.6B-$1.75B, consensus $1.44B