Rocket Companies (RKT) Stock Trades Up, Here Is Why [Yahoo! Finance]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
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Source: Yahoo! Finance
The investment firm viewed Rocket as a system designed to capture customers throughout their entire homebuying journey. Jefferies believed the shares did not yet reflect the enhanced earnings power and strategic positioning created by the company's 2025 acquisitions of Mr Cooper and Redfin. This positive sentiment followed another analyst action from the previous day, when Keefe, Bruyette & Woods raised its price target on the stock to $20 from $18, though it maintained a "Market Perform" rating. After the initial pop the shares cooled down to $19.17, up 2.8% from previous close. Is now the time to buy Rocket Companies? Access our full analysis report here Rocket Companies's shares are extremely volatile and have had 39 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 1 day ago whe
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