Roth/MKM Reiterates Buy Rating on Rocket Lab USA (RKLB)

Roth/MKM analyst Suji Desilva reiterated a Buy rating and $7.00 price target on Rocket Lab USA (NASDAQ: RKLB)

The analyst comments "RKLB announced it has secured its largest ever multi-year, multi-launch contract with current customer Synspective, further strengthening the company’s long-term pipeline visibility, in our view. We are encouraged that a long-standing RKLB customer that has conducted multiple launches since 2020 with RKLB, and plans more this year, was comfortable committing to a new ten-launch deal. We maintain our Buy rating."

For an analyst ratings summary and ratings history on Rocket Lab USA click here. For more ratings news on Rocket Lab USA click here.

Shares of Rocket Lab USA closed at $4.34 yesterday.

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