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Rocket Lab sits more than 50% below its 52-week high after a brutal stretch of dilution and missed earnings, yet one Wall Street analyst just reiterated a target that implies the stock doubles from here. The question is whether a single unflown rocket decides if that call looks prescient or reckless.
Key Stats for Rocket Lab StockCurrent Price: $68. 40Street Target: ~$109What Happened?Rocket Lab Corporation (RKLB) closed at $68.
Rocket Lab launched an Earth-imaging satellite for Japan’s Institute for Q-shu Pioneers of Space from New Zealand.