Citigroup Maintains Neutral on Rocket Lab USA, Raises Price Target to $7.4
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Gursky maintains a Neutral rating on Rocket Lab USA (NASDAQ:RKLB) and raises the price target from $4.55 to $7.4.
August 09, 2023 | 4:33 pm
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Citigroup has maintained a Neutral rating on Rocket Lab USA and raised the price target from $4.55 to $7.4.
The news is directly related to Rocket Lab USA. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral impact on the stock's price in the short term.
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IMPORTANCE 70
RELEVANCE 100