Rocket Lab stock is drawing fresh Wall Street optimism after Needham raised its price target on RKLB to $120 from $95 while maintaining a Buy rating. Rocket Lab reported first-quarter revenue of $200.4 million, above estimates of roughly $190 million, with sales up 63% year over year. Backlog climbed to $2.2 billion, and Needham highlighted progress on the Neutron rocket, which remains on track for a fourth-quarter 2026 test launch.
#RocketLab #RKLB #SpaceStocks
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