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List of Flash News about Rocket Lab

Time Details
2025-05-09
12:25
Rocket Lab $RKLB Price Target Raised to $29 by Stifel After Strong Earnings Beat

According to Stock Talk (@stocktalkweekly), Rocket Lab ($RKLB) had its price target raised to $29 from $27 by Stifel following a robust quarterly report. The company reported revenue near the top end of guidance and delivered a better-than-expected adjusted EBITDA loss. Stifel maintained its 'Buy' rating and noted that Q2 guidance signals a resumption of growth, which could attract further institutional interest. This positive performance and outlook are likely to impact sentiment in the broader technology and crypto-adjacent equities space, potentially supporting risk-on appetite in cryptocurrencies as investors seek exposure to innovative sectors. (Source: Stock Talk @stocktalkweekly, May 9, 2025)

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