Keefe Bruyette analyst Bose George lowered the firm’s price target on Rocket Companies to $9.25 from $11.50 and keeps a Market Perform rating on the shares. The higher interest rate environment is likely to put incremental pressure on origination volumes but bolster servicing returns, the analyst tells investors in a research note. The firm trimmed estimates for the mortgage originators, assuming mortgage volumes remain weak through 2025
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