Rocket Companies (RKT) Gets a Buy from Oppenheimer
In a report released today, Chad Larkin from Oppenheimer reiterated a Buy rating on Rocket Companies, with a price target of $25.00.
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According to TipRanks, Larkin is a 3-star analyst with an average return of 24.5% and a 71.43% success rate.
In addition to Oppenheimer, Rocket Companies also received a Buy from Bank of America Securities’s Mihir Bhatia in a report issued today. However, on January 28, TipRanks – Anthropic reiterated a Hold rating on Rocket Companies (NYSE: RKT).
Based on Rocket Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.79 billion and a GAAP net loss of $123.85 million. In comparison, last year the company earned a revenue of $748.77 million and had a GAAP net loss of $22.01 million
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