Space Stock Tracker: AST Hits New Highs, Rocket Lab Bullish Coverage

Core Insights - The space sector is experiencing significant momentum with large price movements, analyst updates, and institutional support [1] Institutional Support - JPMorgan Chase & Co. launched a "Security and Resiliency Initiative" with a commitment of $1.5 trillion to support industries crucial for national economic security [2][3] - A key aspect of this initiative includes a direct capital investment of up to $10 billion for select companies in 27 sectors, including spacecraft and space launches [3] Market Reactions - Space stocks rallied following the announcement of JPMorgan's initiative, enhancing positive sentiment in the sector [4] Company Updates - BlackSky Technology, Inc. (BKSY): Analyst Scott Buck maintained a Buy rating and raised the price target from $28 to $42; shares increased by 28% over the past month, trading at $24.60 [5] - Rocket Lab Corp. (RKLB): Analyst Peter Arment initiated coverage with an Outperform rating and an $83 price target; stock gained 35% over the past month following a successful launch [6][7] - AST SpaceMobile, Inc. (ASTS): Stock surged to an all-time high of $102.79 but was downgraded from Overweight to Underweight with a $60 price target; stock gained over 100% in the past month and nearly 300% in 2025 [8] - Virgin Galactic Holdings, Inc. (SPCE): Experienced volatility with a 28% gain over the past month, influenced by sector momentum and social media activity [10]