Rocket Lab Climbs 7% as Cantor Reiterates $122 Target on Launch Record; Intuitive Machines Jumps 10%, AST SpaceMobile Rises 6%

Rocket Lab (NASDAQ:RKLB) Stock Price Up 4.7% - Still a Buy?

Rocket Lab (NASDAQ:RKLB) Stock Price Up 4.7% - Should You Buy?

Cantor Fitzgerald Reiterates Overweight Rating On Rocket Lab (NASDAQ: RKLB), Sees 89% Upside Potential

Shares of aerospace and defense company Rocket Lab (NASDAQ: RKLB) surged 8.2% in afternoon trading after Cantor Fitzgerald reaffirmed its bullish stance on the stock with a $122 price target. Cantor Fitzgerald analyst Andres Sheppard stated that the firm remains bullish and considers current price levels an attractive entry point, according to StreetInsider. The $122 […]

Rocket Lab Climbs 7% as Cantor Reiterates $122 Target on Launch Record; Intuitive Machines Jumps 10%, AST SpaceMobile Rises 6%

Cantor Fitzgerald just restated its bull case for Rocket Lab with a $122 target, yet the stock is trailing a space peer that received no catalyst at all, and that disconnect tells you something important about what is actually driving Monday's rally.

Rocket Lab Stock Jumps 8% as Cantor Holds $122 Target

Rocket Lab USA (NASDAQ: RKLB) closed at $69.89 on 21 September, up 8.24%, recovering from a 4.8% drop on 18 September that followed a $1.94 billion equity raise to fund its Iridium Communications acquisition.  The rebound was driven by the company's 96th Electron mission, launched on 19 September for repeat customer Synspective, and a reiterated $122 price target from Cantor Fitzgerald. Mission 96 and the Synspective Backlog The mission, named "…