Rocket Lab Completes Archimedes Engine Build, Begins Engine Test Campaign

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Rocket Lab USA (RKLB) PT Lowered to $9 at Stifel

May 7, 2024 8:44 AM EDT

Stifel analyst Erik Rasmussen lowered the price target on Rocket Lab USA (NASDAQ: RKLB) to $9.00 (from $10.00) while maintaining a Buy rating.

The analyst comments "Rocket Lab reported revenue at the low-end of its prior guidance, but saw a better-than-expected Adj. EBITDA... More

Rocket Lab USA (RKLB) PT Lowered to $5.45 at Citi

May 7, 2024 5:46 AM EDT

Citi analyst Jason Gursky lowered the price target on Rocket Lab USA (NASDAQ: RKLB) to $5.45 (from $6.00) while maintaining a Buy rating.

The analyst comments "The long-term thesis on the revenue, earnings and cash flow ramp remains intact after 1Q earnings, which slightly missed... More