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Rocket Companies Jumps After Pre-Announcing 437% Revenue Growth
Friday, August 14, 2020 - 9:40am | 448Rocket Companies Inc (NYSE: RKT) shares gained as much as 10% on Friday morning after the company reported preliminary earnings numbers for the second quarter. The Numbers: Rocket Companies reported $3.5 billion in net income compared to a $54 million net loss in the same quarter a year ago....
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Analyst Says Rocket Companies' $18 IPO Price Is Fair For Now
Thursday, August 13, 2020 - 12:36pm | 451Rocket Companies Inc (NYSE: RKT) shares initially spiked from the $18 IPO price to as high as $26.86 last week, but the stock has since come back down to within $1 of that IPO price. One analyst said Thursday the stock is now back where it belongs. The Rocket Analyst: Susquehanna analyst Jack...
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Susquehanna Getting Bullish On Wells Fargo; Upgrades To Positive
Wednesday, January 20, 2016 - 10:10am | 308Shares of Wells Fargo & Co (NYSE: WFC) have declined 16.74 percent over the past six months, dropping to a low of $48.21 on January 19. Susquehanna’s Jack Micenko has upgraded the rating on the company from Neutral to Positive, with a price target of $56. Falling the pullback in...
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Susquehanna Upgrades Lennar; Sees Attractive Entry Point At Current Levels
Wednesday, January 20, 2016 - 9:48am | 296Lennar Corporation (NYSE: LEN) shares have been trending south over the past month, and are down 16 percent since January 4. Susquehanna’s Jack Micenko maintained a Positive rating for the company, with a price target of $53. Homebuilding and ancillary business trends indicate...
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Why Susquehanna Is Buying Toll Brothers: Best Of Homebuilding Breed?
Monday, October 5, 2015 - 4:03pm | 344On Monday, Susquehanna raised its rating on Toll Brothers Inc (NYSE: TOL) to Positive from Neutral. The firm also boosted its price target for the stock from $41.00 to $42.00. Shares of Toll Brothers are up almost 4 percent on Monday trading. In a report issued Monday, Susquehanna analysts Jack...
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UPDATE: Susquehanna Downgrades Lennar
Friday, March 21, 2014 - 3:23pm | 81On Friday, Susquehanna downgraded shares of Lennar (NYSE: LEN) from Positive to Neutral and lowered the price target from $46 to $43. The downgrade was valuation-based to better reflect seasonal shifts compared to Susquehanna's October upgrade, said analyst Jack Micenko. First quarter results...
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UPDATE: Susquehanna Raises PT on PulteGroup on Fundamental Trends, Seasonal Tailwinds
Friday, October 11, 2013 - 11:17am | 132In a report published Friday, Susquehanna International Group analyst Jack Micenko reiterated a Neutral rating on PulteGroup (NYSE: PHM), and raised the price target from $15.00 to $17.00. In the report, Susquehanna International Group noted, “Fundamentally, homebuilder traffic and orders have...
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UPDATE: Susquehanna Raises PT on D.R. Horton on Fundamental Trends, Seasonal Tailwinds
Friday, October 11, 2013 - 11:17am | 136In a report published Friday, Susquehanna International Group analyst Jack Micenko reiterated a Neutral rating on D.R. Horton (NYSE: DHI), and raised the price target from $20.00 to $21.00. In the report, Susquehanna International Group noted, “Fundamentally, homebuilder traffic and orders have...
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UPDATE: Susquehanna Upgrades Lennar on Fundamental Trends, Seasonal Tailwinds
Friday, October 11, 2013 - 11:17am | 137In a report published Friday, Susquehanna International Group analyst Jack Micenko upgraded the rating on Lennar Corporation (NYSE: LEN) from Neutral to Positive, and raised the price target from $34.00 to $41.00. In the report, Susquehanna International Group noted, “Fundamentally, homebuilder...
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UPDATE: Susquehanna Upgrades NVR on Fundamental Trends, Seasonal Tailwinds
Friday, October 11, 2013 - 11:17am | 135In a report published Friday, Susquehanna International Group analyst Jack Micenko upgraded the rating on NVR (NYSE: NVR) from Neutral to Positive, and raised the price target from $1,000.00 to $1,100.00. In the report, Susquehanna International Group noted, “Fundamentally, homebuilder traffic and...
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UPDATE: Susquehanna Upgrades KB Home on Fundamental Trends, Seasonal Tailwinds
Friday, October 11, 2013 - 10:50am | 137In a report published Friday, Susquehanna International Group analyst Jack Micenko upgraded the rating on KB Home (NYSE: KBH) from Neutral to Positive, and raised the price target from $20.00 to $22.00. In the report, Susquehanna International Group noted, “Fundamentally, homebuilder traffic and...