BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: TaskUs, Inc. (Nasdaq - TASK), Mr. Cooper Group Inc. (Nasdaq – COOP), ProAssurance Corporation (NYSE - PRA), Lumina Gold Corp. (OTC - LMGDF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 09 2025
0mins
Source: Globenewswire
Investigation Announcements: Brodsky & Smith is investigating several companies, including TaskUs, Mr. Cooper Group, ProAssurance Corporation, and Lumina Gold Corp., for potential breaches of fiduciary duties by their boards regarding recent acquisition agreements that may not provide fair value to shareholders.
Acquisition Details: Each company involved in the investigations has specific terms for their acquisitions, with notable concerns about whether the deal prices reflect fair market value compared to previous share highs or overall equity worth.
Analyst Views on RKT
Wall Street analysts forecast RKT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RKT is 22.18 USD with a low forecast of 18.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 21.500
Low
18.00
Averages
22.18
High
25.00
Current: 21.500
Low
18.00
Averages
22.18
High
25.00
About RKT
Rocket Companies, Inc. is a fintech platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Mr. Cooper, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans. The Company'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. It 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. It 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 Company's capabilities span the entirety of homeownership, such as home search, financing, title, closing and servicing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
