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Stock impact report

Clear Street Initiates Coverage on Rocket Lab Corporation (RKLB) with a Buy [Yahoo! Finance]

Rocket Lab Corporation (RKLB) 
Company Research Source: Yahoo! Finance
initiated coverage of the stock with a Buy rating and announced a share price target of $88. Clear Street Initiates Coverage on Rocket Lab Corporation (RKLB) with a Buy According to a report on TipRanks, the firm's analyst Greg Pandy highlighted Neutron, the company's leadership in small-lift orbital launch, and its Space Systems as major drivers of revenue growth for the company and in reinforcing its status as a ‘leading integrated space operator'. This follows Deutsche Bank's adjustment earlier in the month on March 2, when analyst Edison Yu raised the price target on Rocket Lab Corporation (NASDAQ:RKLB) to $73 from $55 and maintained a Buy rating. As of the close of business on March 20, the stock is a Moderate Buy with an average upside of 33%. In other news, on Wednesday, the company announced it had secured a $190 million contract for 20 hypersonic test flights with its HASTE launch vehicle under the U.S. Department of War's MACH-TB 2.0 program. This is the largest laun Show less Read more
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