Rocket Companies Stock Surges on Analyst's Positive Outlook
Update: 2025-12-18
Description
Rocket Companies stock surged nearly three percent this week, following an analysts price target increase from eighteen to twenty dollars, indicating a positive outlook. Despite the Market Perform rating, the analyst expressed constructive sentiment on mortgage insurers, predicting growth in book value and slightly better housing affordability in 2025. The stock, known for its volatility, settled at eighteen dollars and sixty-seven cents, still up by two point eight percent from its previous close. Rocket Companies has seen a seventy-two percent increase since the start of the year but remains nearly twelve percent below its fifty-two-week high.
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