Stifel Maintains Buy on Rocket Lab USA, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Erik Rasmussen has maintained a 'Buy' rating on Rocket Lab USA (NASDAQ:RKLB) but lowered the price target from $11 to $10.
September 27, 2023 | 12:31 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Rocket Lab USA's price target has been lowered from $11 to $10 by Stifel, though the 'Buy' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100