Why Rocket Companies Stock Is Flying Higher Today

Shares of Rocket Companies (RKT 12.94%) are soaring on Wednesday. The mortgage company's stock gained 11.3% as of 11:50 a.m. ET and was up as much as 15.7% earlier in the day. The jump comes as the S&P 500 and Nasdaq Composite showed modest gains.A major Wall Street bank upgraded the stock following a recent acquisition announcement.Deutsche Bank says it's a buyDeutsche Bank analyst Mark DeVries gave Rocket a boost, upgrading the stock from a hold to a buy and raising his price target to $16 from$14. DeVri ...