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Analyst Raises Rocket Lab (NASDAQ: RKLB) Price Target to $120 Following Transformative Iridium Acquisition
Financial Modeling Prep· 2026-06-30 06:06
Analyst Jeff Van Rhee of Craig-Hallum raises the price target for Rocket Lab (NASDAQ: RKLB) to $120.00. Rocket Lab is a company specializing in launch services and spacecraft manufacturing. This new target suggests strong confidence in the company's future performance and growth prospects within the competitive commercial space industry, highlighting its potential as a leading space exploration stock. This optimism follows a major announcement from Rocket Lab. The company agrees to acquire Iridium Communica ...