Citi has raised the price target for RocketLab from $22 to $35 and continues to maintain a Buy recommendation as a preview to the Q4 results in February.
Additionally, Trump said his administration will work to put US astronauts on Mars. "We will continue to pursue our goal of conquering the stars and sending American astronauts to the planet Mars," he said. The entire space sector should continue to benefit from this.
Source:
https://www.tipranks.com/news/the-fly/rocket-lab-price-target-raised-to-35-from-22-at-citi
