Rocket Shares Rise After Deutsche Bank, Keefe Bruyette & Woods Upgrades

MT Newswires Live

04-02

Rocket (RKT) shares rose 12% in recent Wednesday trading after Keefe Bruyette & Woods and Deutsche Bank upgraded the stock.

Keefe Bruyette & Woods upgraded Rocket to market perform from underperform and raised its price target to $14 from $12.

Deutsche Bank upgraded the shares to buy from neutral and increased its price target to $16 from $14.

Rocket volume topped 18.9 million shares versus the daily average of almost 6.1 million.

On Monday, Rocket agreed to acquire Mr. Cooper Group (COOP) for $9.4 billion in stock.

Price: 14.13, Change: +1.53, Percent Change: +12.14

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Woods and Deutsche Bank upgraded the stock.</p><p>Keefe Bruyette &amp; Woods upgraded Rocket to market perform from underperform and raised its price target to $14 from $12.</p><p>Deutsche Bank upgraded the shares to buy from neutral and increased its price target to $16 from $14.</p><p>Rocket volume topped 18.9 million shares versus the daily average of almost 6.1 million.</p><p>On Monday, Rocket agreed to acquire Mr. Cooper Group (COOP) for $9.4 billion in stock.</p><p>Price: 14.13, Change: +1.53, Percent Change: +12.14</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RKT","symbol_name":"Rocket Companies","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2524413993","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524413993","pubTimestamp":1743608428,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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