This Space Stock Has 35% Upside, According to 1 Wall Street Analyst
Rocket Lab USA(RKLB) The Motley Fool·2024-02-17 15:07
While the S&P 500 has risen more than 5% since the start of 2024, shares of Rocket Lab (RKLB) have headed in the opposite direction, plunging about 10%. After the company reported preliminary fourth quarter 2023 financial results, Main Street turned its back on the launch specialist's stock.But one analyst thinks the sell-off is overdone. In fact, Rocket Lab has room to fly considerably higher from where it sits now in his estimation. Citigroup group reinstated coverage on Rocket Lab stock this week, and th ...