Rocket Lab's Q1 Beat Triggers Fresh Price Targets Fueled by Neutron Momentum
TL;DR Summary
Rocket Lab rose about 12% after a strong Q1 report that delivered a record revenue beat and a growing backlog, with momentum in the Neutron program cited as a key driver. Several analysts raised price targets (to as high as $120) whilekeeping Buy ratings, signaling bullish sentiment on RKLB’s launch services and space systems franchises. The stock has surged roughly 70% year-to-date and about 400% over the past year on the back of the beat and broader momentum.
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