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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Rocket Lab (RKLB) Stock Monday?

Rocket Lab RKLB Morgan Stanley SpaceX Rocket Lab Corp
Rocket,Lab,Building,Sign.,Auckland,,New,Zealand,-,February,8,

Shares of Rocket Lab Corp (NASDAQ:RKLB) are trading higher Monday morning after Morgan Stanley significantly raised its price target and compared the company to SpaceX. Here’s what investors need to know.

What To Know: Morgan Stanley has significantly increased its price target for Rocket Lab to $68 from a previous $20, while reiterating its Equal-Weight rating.

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