Rocket Companies Makes Executive Leadership Changes: What Investors Need To Know
Fintech platform company Rocket Companies Inc. (NYSE: RKT) announced Monday two major leadership changes, including the retirement of CFO Julie Booth.
Analyst Upgrades SoFi Technologies, Says Potential Student Loan Refinancing Boom Is Coming
This year has been brutal for SoFi Technologies Inc (NASDAQ: SOFI) and other lenders, as investors grow increasingly concerned about the negative impact rising interest rates will have on lending, margins and revenue growth.
Housing Activity ‘Took A Nosedive’ As Mortgage Rates Hit 15 Year Highs – A Chart That Says It All
Mortgage rates are at their highest point since the Great Recession as housing affordability continues to decline, according to Freddie Mac (OTCMKTS: FMCC) data.
Gilbert Family Foundation Launches Venture 313, Building On Support Of Detroit’s Entrepreneurial Ecosystem
The Gilbert Family Foundation on Thursday announced the launch of Venture 313, a three-year, $10 million commitment that will help fulfill Detroit’s entrepreneurial potential and provide founders with opportunities to participate in the innovation economy.
Watch Out: 2 REITs May Chop Their Dividends By Year End. Here’s Why
As we head into the second half of 2022, analysts are turning bearish on REITs as the Fed raises interest rates and tightens monetary policy. During periods of inverse correlation, such as in 2004, 2013 and 2016, interest rates began to rise while the value of REITs decreased.
Coca-Cola To $76? Here Are 5 Other Price Target Changes For Tuesday
HSBC raised the price target on The Coca-Cola Company (NYSE: KO) from $72 to $76. HSBC analyst Carlos Laboy maintained a Buy rating on the stock. Coca-Cola shares rose 0.3% to $61.34 in pre-market trading.
JP Morgan Downgrades Rocket Companies to Neutral, Lowers Price Target to $8.5
JP Morgan analyst Richard Shane downgrades Rocket Companies (NYSE:RKT) from Overweight to Neutral and lowers the price target from $11 to $8.5.
Analyst Ratings for Rocket Companies
Over the past 3 months, 11 analysts have published their opinion on Rocket Companies (NYSE:RKT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.