Rocket Lab shares up 1.7% premarket following Barclays overweight rating and $85 price target
RKLB Rocket Lab Corp
$68.21 -0.28%
View chart & analysis → - 1Barclays initiated coverage on Rocket Lab with an overweight rating and a $85 price target.
- 2TD Cowen lowered its price target for Rocket Lab from $120 to $90.
- 3ARK Investment Management suggested that the Neutron rocket could be a viable alternative to SpaceX's Falcon 9.
So what's the key point?
Barclays started analyzing Rocket Lab and expects the stock price to rise. While other firms lowered their price targets, some suggest the Neutron rocket could serve as an alternative to a competitor's rocket.
Source Schaeffer's Research +1 · View original ↗
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