Fly News Breaks for April 1, 2015
Apr 1, 2015 | 06:54 EDT
Citigroup recommends using the post-guidance cut pullback in shares of RockTenn as a buying opportunity. Citi says at least 10c of the guidance reduction was driven by issues that appear to be transitory. It points out that weather and operational disruptions are common in the Paper industry. Citi keeps a Buy rating on RockTenn with a $77 price target.
News For RKT From the Last 2 Days
May 10, 2021 | 07:35 EDT
Notable call activity was cited Friday in Rocket Companies (RKT) and Energy Transfer (ET).
May 9, 2021 | 21:45 EDT
Keefe Bruyette analyst Bose George lowered the firm's price target on Rocket Companies to $16 from $18 and keeps an Underperform rating on the shares following the Q1 results. The analyst has increased caution on the outlook for the mortgage industry as volumes normalize, which he believes will likely putt pressure on gain-on-sale margins into 2022.