Citi Trims Rocket Cos, Boosts Sallie Mae on Valuation and Growth Expectations

Citi downgrades Rocket Companies and upgrades Sallie Mae in consumer finance sector

In a note released on Tuesday, Citi analysts announced their decision to downgrade Rocket Companies (RKT) to Sell from Neutral, while simultaneously upgrading Sallie Mae (SLM) to Buy from Neutral. The move comes as part of their coverage of the US consumer finance sector.