Update on price action since the previous video. Price has retracted from its highs. Where will it go from here?
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Deutsche Bank analyst Edison Yu initiated Rocket Lab USA Inc (NASDAQ:RKLB) with a Buy rating and a price target of $18, implying an upside of 17.5%.Yu views Rocket Lab as the "highest quality space asset to enter the public market so far." The company has established itself as a reliable small rocket launcher and has garnered "strong momentum" in satellite buses and related components, enabling access to space in multiple ways.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.