Keefe Bruyette Upgrades Rocket Companies (RKT) From Market Perform to Outperform, Raises the PT

Rocket Companies, Inc. (NYSE:RKT) is one of the Cheap Stocks to Buy for High Returns in 2026. On March 16, Keefe Bruyette analyst Bose George upgraded Rocket Companies, Inc. (NYSE:RKT) from Market Perform to Market Outperform and also raised the price target from $20 to $22.

​The analyst noted the stock’s recent decline as one of the key reasons behind the bullish sentiment. The stock has fallen around 24.5% year-to-date, which far outpaces the S&P 500’s 2.5% drop. The firm sees this as an attractive entry point as it projects 50% return over the next 12 months based on the mortgage industry fundamentals and the company’s earnings outlook.

​Moreover, the analyst also noted that the fundamental shifts in the company’s ecosystem and earnings mix are expected to deliver long-term profitability. This also increases the chances of ongoing market share gains in purchase and refinance segments.

​Rocket Companies, Inc. (NYSE:RKT) provides mortgage, real estate, and personal finance services in the United States and Canada through its Direct to Consumer and Partner Network segments.

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