Deutsche Bank analyst Mark DeVries upgraded Rocket Companies (RKT) to Buy from Hold with a price target of $16, up from $14. The firm cites the company’s announcement of the pending Mr. Cooper (COOP) acquisition, expecting the deal to provide 38% EPS accretion to Rocket’s 2027 results, the analyst tells investors in a research note.
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Read More on RKT:
- Rocket Companies upgraded to Market Perform from Underperform at Keefe Bruyette
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- BTIG sees no meaningful regulatory pushback from Mr. Cooper deal
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