TD Cowen Maintains Outperform on Rocket Lab USA, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Cai von Rumohr maintains an Outperform rating on Rocket Lab USA (NASDAQ:RKLB) but lowers the price target from $9.5 to $8.
September 27, 2023 | 5:12 pm
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NEUTRAL IMPACT
TD Cowen analyst maintains an Outperform rating on Rocket Lab USA but lowers the price target from $9.5 to $8.
The news is directly about Rocket Lab USA. The Outperform rating is maintained which is positive, but the price target is lowered which could be seen as negative. Therefore, the short term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100