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Rocket Companies hits 52-week low amid mortgage demand concerns and analyst price target cuts

The Motley Fool +1 ·

RKT Rocket Companies Inc
$10.83 -0.37%
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  1. 1Rocket Companies closed down 0.37% at $10.83.
  2. 2Analysts at JPMorgan and Morgan Stanley lowered their price targets for Rocket Companies stock.
  3. 3Rocket Companies trading volume was recorded at 41.1 million shares.

So what's the key point?

Rocket Companies stock fell to $10.83, marking its lowest level in a year. Experts lowered their expectations for the stock to rise further.

Source The Motley Fool +1 · View original ↗

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