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Analysts Offer Insights on Financial Companies: Rocket Companies (RKT) and Brookfield Business Corp. Class A (BBUC)

Tipranks - Tue May 12, 7:24AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Rocket Companies (RKT) and Brookfield Business Corp. Class A (BBUC).

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Rocket Companies (RKT)

In a report issued on May 8, Daniel Perlin from RBC Capital maintained a Hold rating on Rocket Companies, with a price target of $20.00. The company’s shares closed last Friday at $15.69.

According to TipRanks.com, Perlin has 0 stars on 0-5 stars ranking scale with an average return of -9.2% and a 36.6% success rate. Perlin covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, SS&C Technologies Holdings, and Wealthfront Corporation. ;'>

Currently, the analyst consensus on Rocket Companies is a Moderate Buy with an average price target of $23.00, which is a 57.4% upside from current levels. In a report issued on April 30, TipRanks – xAI also reiterated a Hold rating on the stock with a $14.00 price target.

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Brookfield Business Corp. Class A (BBUC)

In a report issued on May 8, Devin Dodge from BMO Capital maintained a Buy rating on Brookfield Business Corp. Class A, with a price target of $44.00. The company’s shares closed last Friday at $30.85.

According to TipRanks.com, Dodge is a 5-star analyst with an average return of 15.8% and a 69.9% success rate. Dodge covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Republic Services, and Waste Connections. ;'>

Currently, the analyst consensus on Brookfield Business Corp. Class A is a Strong Buy with an average price target of $42.00, a 25.1% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $42.00 price target.

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