Rocket Companies (RKT) Collapses 15% on Q1 Miss, Analyst Lowers PT to Reflect Weak Outlook
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Rocket Cos Inc. (RKT) Shares Likely to Remain Pressured - BofA Securities
May 6, 2021 8:55 AM EDTBofA Securities analyst Jason Kupferberg reiterated a Neutral rating and $24.00 price target on Rocket Cos Inc. (NYSE: RKT) after the company reported 2Q guidance below consensus expectations and noting that margins are normalizing much faster than previously expected.
The analyst stated... More
Rocket Cos Inc. (RKT) PT Lowered to $26 but Jefferies Sees Headwinds as Temporary
May 6, 2021 8:06 AM EDTJefferies analyst Ryan Carr lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $26.00 (from $30.00) after EPS of $0.89 missed the $0.95 forecast on lower volumes that were offset by better efficiencies/GOS.
The analyst reiterated a Buy rating, stating "The Partner... More
Rocket Cos Inc. (RKT) PT Lowered to $20 at Wells Fargo
May 6, 2021 7:07 AM EDTWells Fargo lowered its price target on Rocket Cos Inc. (NYSE: RKT) to $20.00 (from $25.00) while maintaining a Equal Weight rating.... More
Rocket Cos Inc. (RKT) PT Lowered to $17 at Wedbush
May 6, 2021 6:56 AM EDTWedbush analyst Henry Coffey lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $17.00 (from $20.00) while maintaining a Neutral rating.... More
Rocket Cos Inc. (RKT) PT Lowered to $21 at Barclays
May 6, 2021 6:20 AM EDTBarclays analyst Mark DeVries lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $21.00 (from $23.00) while maintaining a Equalweight rating.... More
Rocket Cos Inc. (RKT) PT Lowered to $26 at RBC Capital
May 6, 2021 6:18 AM EDTRBC Capital analyst Daniel Perlin lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $26.00 (from $30.00) while maintaining a Sector Perform rating.... More
Rocket Cos Inc. (RKT) PT Lowered to $21.50 at Credit Suisse
May 6, 2021 6:11 AM EDTCredit Suisse analyst Timothy Chiodo lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $21.50 (from $23.00) while maintaining a Neutral rating.... More
Rocket Cos Inc. (RKT) PT Lowered to $21 at JPMorgan
May 6, 2021 5:50 AM EDTJPMorgan analyst Richard Shane lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $21.00 (from $22.00) while maintaining a Underweight rating.... More
Rocket Cos Inc. (RKT) PT Lowered to $26 at Citi
May 6, 2021 4:49 AM EDTCiti analyst Arren Cyganovich lowered the price target on Rocket Cos Inc. (NYSE: RKT) to $26.00 (from $33.00) while maintaining a Buy rating.... More
Rocket Companies (RKT) Reports In-Line Q1 EPS, Offers Q2 Guidance
May 5, 2021 4:11 PM EDTRocket Companies (NYSE: RKT) reported Q1 EPS of $0.89, in-line with the analyst estimate of $0.89. Revenue for the quarter came in at $4.04 billion versus the consensus estimate of $3.98 billion.
Second Quarter 2021 Outlook We expect the following ranges in Q2 2021:
Closed... More