Why Are Rocket Lab (RKLB) Shares Soaring Today [Yahoo! Finance]
Palantir Technologies Inc. - Class A (PLTR)
Company Research
Source: Yahoo! Finance
Stifel analyst Erik Rasmussen increased the price target on Rocket Lab to $105 from $90, while keeping a Buy rating on the shares. The new $105 target matched the highest price target on Wall Street for the company. The positive commentary came as traders continued to reward companies tied to defense and space spending themes, which likely added to the stock's upward momentum. Is now the time to buy Rocket Lab? Access our full analysis report here, it's free What Is The Market Telling Us Rocket Lab's shares are extremely volatile and have had 74 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 4.5% on the news that an analyst reiterated a positive rating on the stock following a new multi-launch agreement with a key customer. The move came after Ca
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PLTR
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