Why Rocket Lab Stock Rocketed Again on Friday
Rocket Lab USA(RKLB) The Motley Fool·2024-11-22 16:54
Rocket Lab (RKLB 3.79%) stock just keeps powering higher. On Friday, shares of the small rocket launch company gained 3.8% through 11:25 a.m. ET. If you own Rocket Lab stock, you can thank the friendly analysts at Roth MKM for that, because Roth raised its price target on buy-rated Rocket Lab this morning. Upgrading Rocket Lab Roth MKM predicts Rocket Lab shares -- which cost just a bit over $23 a share right now -- will rise a further 29% to hit $30 a share within a year. And why does Roth think this? Basi ...