Rocket Companies (RKT) Collapses 15% on Q1 Miss, Analyst Lowers PT to Reflect Weak Outlook

Rocket Cos Inc. (RKT) Shares Likely to Remain Pressured - BofA Securities

BofA 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

Jefferies 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

Wells 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

Wedbush 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

Barclays 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

RBC 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

Credit 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

JPMorgan 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

Citi 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

Rocket 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: