Stock Track | Rocket Lab Soars 5.26% as Analyst Raises Price Target to $30

Stock Track

2024/11/22

Shares of Rocket Lab USA, Inc. (RKLB) soared 5.26% in the pre-market session on Friday morning, following an analyst price target increase.

Roth MKM raised its price target on RKLB stock to $30 from $25, while maintaining a Buy rating on the shares. The analyst firm believes the pending acquisition of an aerospace company is driving the increased price outlook.

With this bullish analyst call, traders bid up Rocket Lab shares significantly higher in Friday's pre-market trading.

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(RKLB) soared 5.26% in the pre-market session on Friday morning, following an analyst price target increase.</p>\n\n<p>Roth MKM raised its price target on RKLB stock to $30 from $25, while maintaining a Buy rating on the shares. 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