Wells Fargo Maintains Equal-Weight on Rocket Lab USA, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers has maintained an Equal-Weight rating on Rocket Lab USA (NASDAQ:RKLB) and lowered the price target from $6.75 to $5.
September 20, 2023 | 12:25 pm
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Wells Fargo has maintained an Equal-Weight rating on Rocket Lab USA and lowered the price target from $6.75 to $5.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Rocket Lab USA's stock price.
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IMPORTANCE 80
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