Rocket Companies Inc (RKT) Upgraded to Buy by B of A Securities
B of A Securities upgrades Rocket Companies Inc (RKT) to Buy from Neutral.
Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. The company is headquartered in Detroit, Michigan and currently employs 14,200 full-time employees. The company went IPO on 2020-08-06. The firm's full suite of products empowers its clients across financial wellness, personal loans, home search, mortgage finance, title and closing. Through these businesses, it delivers client solutions leveraging its Rocket platform. The company operates in two segments: Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. The company provides client service and leverages its brand to strengthen its wholesale relationships, through Rocket Pro, as well as enterprise partnerships, both driving growth in its Partner Network segment. The firm's capabilities span the entirety of homeownership, such as home search, financing, title, closing and servicing.
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Last Updated: Dec 11, 2025, 11:08 PM · Source: Finnhub.io
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