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Why Rocket Lab Stock Rocketed Again on Friday


Rocket Lab (NASDAQ: RKLB) stock just keeps powering higher. On Friday, shares of the small rocket launch company gained 3.8% through 11:25 a.m. ET.

If you own Rocket Lab stock, you can thank the friendly analysts at Roth MKM for that, because Roth raised its price target on buy-rated Rocket Lab this morning.

Roth MKM predicts Rocket Lab shares -- which cost just a bit over $23 a share right now -- will rise a further 29% to hit $30 a share within a year.

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Source Fool.com

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