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Benzinga

Business

Henry Khederian

Rocket Lab (RKLB) Stock Hits New All-Time High As Citi Boosts Price Target

RKLB Rocket Lab Citi Rocket Lab USA Citigroup United States

Rocket Lab USA

Rocket Lab USA Inc (NASDAQ:RKLB) shares hit a new all-time high in early Monday trading, fueled by a price target increase from Citigroup. The investment bank maintained its Buy rating on the aerospace manufacturer while raising its 12-month price target from $33 to a bullish $50 per share. Here’s what investors need to know.

What To Know: Per a report from Investing.com, Citi’s heightened optimism stems from Rocket Lab’s substantial advancements in its reusable Neutron rocket program and the continued expansion of its space systems and satellite manufacturing division.

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Federal judge halts ICE detention centre construction at California site over environmental review

Federal judge halts ICE detention centre construction at California site over environmental review

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

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Questions arose about ICE's legal limits.

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Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families of 9/11 victims await key ruling in New York as truther conference is held nearby

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Top stories on inkl right now

Federal judge halts ICE detention centre construction at California site over environmental review

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

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The Independent UK

Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Questions arose about ICE's legal limits.

We Got This Covered

One subscription that gives you access to news from hundreds of sites

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Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families say Saudi Arabia provided aid to hijackers while conspiracist conference casts doubt on official narrative

The Guardian - US

Panama Earthquake: State of Emergency Declared After 7.7 Quake, With More Than 100 Recorded Aftershocks

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Panama declared a state of emergency after two powerful earthquakes struck within a day, injuring 27 people, damaging infrastructure and isolating communities with landslides and blocked roads

International Business Times UK

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