RKT - Rocket stock climbs after Jefferies rates as Buy along with BKI NRZ PFSI

Rocket Companies (RKT) gains 5.3% after Jefferies analyst Ryan Carr starts covering the stock with a Buy rating as part of a broader call flagging the potential of real estate finance tech stocks.Black Knight ([[BKI]] +0.2%), New Residential ([[NRZ]] +0.8%), and PennyMac Financial ([[PFSI]] +0.1%) also get new Buy ratings by Carr.He expects tailwinds and a resurgence in purchase demand fueling 18%+ upside to 2021 industry origination forecasts as digital mortgage trends boost the best-positioned operators to bolster market share.See RKT's total return over the past six months vs. S&P 500 and BKI, NRZ, and PFSI:The post-COVID-19 mortgage environment is "markedly unique," given the combination of "highest savings rates/lowes debt levels in modern history", the foreclosure pipeline, and shift to traditionally underserved markets.Rates Mr. Cooper ([[COOP]] -0.8%) Hold due to limited upside; Carr doesn't expect it to benefit from strong volume at a proportionate pace to its peers.SA contributor Ryan OKeefe sees

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Rocket stock climbs after Jefferies rates as Buy along with BKI, NRZ, PFSI