Why Rocket Lab Stock Popped, Then Dropped Today
Rocket Lab (NASDAQ: RKLB) stock is taking investors on another roller-coaster ride Monday morning. First spiking past 7% in the opening minutes, the stock began losing steam almost immediately, falling into the red before 10 a.m. before finding its footing and rising again.
As of 10:45 a.m. ET, Rocket Lab stock is up 2%.
Investors enjoying today's ride can thank two investment banks, Morgan Stanley and Citigroup, for their good fortune. Reports show that this morning, Morgan Stanley analyst Kristine Liwag nearly tripled her price target on Rocket Lab stock to $18 a share, while Citigroup's Jason Gursky raised his target from $13 to $22.
Source Fool.com
Citigroup Inc. Stock
€101.24
0.920%
With 47 Buy predictions and not a single Sell prediction Citigroup Inc. is an absolute favorite of our community.
As a result the target price of 103 € shows a slightly positive potential of 1.74% compared to the current price of 101.24 € for Citigroup Inc..
