Rocket Lab USA (RKLB) PT Raised to $75 at Roth/MKM

Roth/MKM analyst Suji Desilva raised the price target on Rocket Lab USA (NASDAQ: RKLB) to $75.00 (from $60.00) while maintaining a Buy rating.

The analyst comments "RKLB reported stronger margins and growing backlog in the quarter. We believe the company has seen very minor government shutdown impact and continues to be active on government programs and pipeline opportunities. We believe hypersonic missions and other defense programs can accelerate launch run-rate activity in the CY26 time frame and are encouraged by the onset of the initial Neutron launch in early CY26. We raise our price target from $60 to $75 and maintain our Buy rating."

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