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NASDAQ:COOP News 2 February 2026

Rocket Companies stock (RKT) drops 14% — what investors are watching before the open

Rocket Companies stock (RKT) drops 14% — what investors are watching before the open

New York, Feb 2, 2026, 08:50 EST — Premarket Rocket Companies shares grabbed attention heading into Monday after the mortgage lender’s stock plunged 13.67% to close at $17.93 on Friday. Volume surged to roughly 87 million shares. Other players in the space, like UWM Holdings, also dropped sharply, slipping into double-digit losses. (MarketWatch) Why it matters now: markets are jittery,…
2 February 2026
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Stock Market Today

  • Cantor Fitzgerald Raises Microchip Technology Price Target to $100
    February 2, 2026, 12:39 PM EST. Cantor Fitzgerald lifted Microchip Technology's (NASDAQ:MCHP) price target from $85 to $100, citing a 28% potential upside. The semiconductor firm holds an 'overweight' rating from Cantor. Other analysts follow suit with mixed views: B. Riley boosted its target to $95 with a 'buy' rating, Citigroup set $92, while TD Cowen lowered its estimate to $60 with a 'hold'. Microchip shares rose to $77.90 on Monday. The company reported Q3 earnings of $0.35 per share, beating estimates by $0.02, though revenue dipped 2%. MarketBeat consensus sees a 'Moderate Buy' with an average target near $83. Microchip's market cap now stands at $42.1 billion amid mixed earnings and cautious guidance for Q3 2026.
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