Rocket Lab (RKLB) Coverage Launched With $80 Target, 29% Upside

Raymond James initiated coverage of Rocket Lab Corporation (NASDAQ: RKLB) on September 11 with an Outperform rating and a target price of $80, suggesting a potential 29% increase from current levels. Rocket Lab completed its 16th Electron mission of 2026 on the same day, bringing its total launches to 96. The company aims to break its previous annual launch record of 21, set in 2025. Analysts also noted the upcoming delivery of its Neutron rocket and strategic acquisitions, including Mynaric and the pending purchase of Iridium Communications Inc. The anticipated growth and new revenue streams could make Rocket Lab an attractive investment for those looking at the space sector.

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