Rocket Lab (RKLB) Stock Update
Rocket Lab shares are trading higher Friday morning after a bullish analyst report and recent operational achievements.
Key Points
- KeyBanc analyst Michael Leshock reiterated an Overweight rating on the stock, raising the price target to $75 from $50.
- Leshock forecasted 30% year-over-year growth for the Space Systems segment in 2025 and noted progress on the Neutron rocket.
- The company completed a key Systems Integration Review for the LOXSAT mission for NASA and Eta Space.
“multiple avenues for significant upside”
Rocket Lab's strengthening position as a national security asset and recent achievements are driving investor optimism.
Author's summary: Rocket Lab shares rise after bullish report.
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