Morgan Stanley Reiterates Overweight Rating on RKLB, Bull Case Price Target Raised to $293
Morgan Stanley has reiterated its overweight rating on Rocket Lab (RKLB), maintaining a price target of $105, but raising the bull case optimistic price target from $185 to $293. Analysts believe that the acquisition of Iridium will broaden Rocket Lab's potential market space and reposition the company as a vertically integrated space platform. Although SpaceX has significant scale and cost advantages over Rocket Lab, the latter is moving closer to the former's model.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

SpaceX Restructures Data Center Leadership to Address Infrastructure Issues

Serenity Highlights U.S. Policy Focus on Space, Minerals, and Supply Chains

Rocket Lab Neutron's Maiden Flight May Be Delayed Until 2027

Rocket Lab Secures $397 Million Contract with U.S. Space Force

Shareholder Interest in Starship and Space Exploration Ahead of SpaceX's First Quarterly Earnings Report

Fire Point Operates 83 Production Facilities in Ukraine and One in Denmark

Trump Proposes Exemption for Space Companies from Environmental Reviews to Accelerate Commercial Launch Approvals

Rocket Lab Founder Peter Beck Sells 3.275 Million Shares at Average Price of $87.43

Rocket Lab Founder Plans to Sell 5 Million Shares, RKLB Closes Down 7.37%

On the eve of the SpaceX IPO, Rocket Lab (RKLB) insiders cashed out over $18.41 million in stock

Analysis: The fair value accounting measurement of Bitcoin held by SpaceX may lead to significant fluctuations in financial statements

The cryptocurrency futures exchange KieDex has completed a $3.5 million financing round, led by Marqel Capital

Space computing startup Starcloud has completed a $170 million Series A funding round, led by Benchmark and others

War Cuts Dubai Airport Traffic by 31%, but Its Global Ambitions Remain Intact

Edouard threatens the largest refinery and LNG corridor in the United States

Bitfinex Securities lists 5 tokenized Bitcoin treasury products

Tech Stocks Falter as Treasury Yields Hit 4.79%, Nasdaq Falls 1%

Steady Lads: Celebrating One Year Behind the Scenes of the Crypto Market!

Chainlink brings US economic data to 10 blockchains

The loss of NRF2 in oligodendrocytes may contribute to cognitive decline

JCE faces a complaint over the offer of data from 7.1 million Dominicans

Tokenized Real-World Assets Reach Monthly High As Collateral Demand Grows

PlanB: "The bitcoin bottom has already passed; I expect higher prices from now on"

DEX vs CEX: Decentralized Exchanges Hit a Record

UK Intensifies Crackdown on Cryptocurrency Networks Linked to Russia

US PMI Falls in August: What This Means for Interest Rates and Investments

Microsoft 365 outage enters its second day with Outlook still unstable

Strategy Resumes Bitcoin Purchases with $369.7 Million Acquisition

Ethereum ETFs See Positive Inflows As September Trading Opens





