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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