CesiumAstro Selected by Rocket Lab to Provide Multi-Beam Ka-Band Communications Payloads for its Space Development Agency Tranche 2 Transport Layer Constellation

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Go back to CesiumAstro Selected by Rocket Lab to Provide Multi-Beam Ka-Band Communications Payloads for its Space Development Agency Tranche 2 Transport Layer Constellation

Rocket Lab USA (RKLB) PT Lowered to $9 at Stifel

May 7, 2024 8:44 AM EDT

Stifel analyst Erik Rasmussen lowered the price target on Rocket Lab USA (NASDAQ: RKLB) to $9.00 (from $10.00) while maintaining a Buy rating.

The analyst comments "Rocket Lab reported revenue at the low-end of its prior guidance, but saw a better-than-expected Adj. EBITDA... More