Citi raised the firm’s price target on Rocket Lab (RKLB) to $50 from $33 and keeps a Buy rating on the shares. The firm previewed the Q2 earnings in the aerospace and defense sector, saying momentum continues across the group.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKLB:
- Private Markets: iCapital secures $820M in new funding round
- Rocket Lab selects Bollinger Shipyards to support Neutron rocket landing
- Rocket Lab USA call buyer realizes 31% same-day gains
- Rocket Lab Stock (RKLB) Soars 9% as Trump–Musk Feud Captures Wall Street’s Attention
- Moderately bullish activity in Rocket Lab USA with shares up 9.04%
