Morgan Stanley Lifts Rocket Lab’s Bull-Case Target to $293, Calling It a ‘Mini-SpaceX’
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Morgan Stanley has raised its bull-case target for Rocket Lab to $293, with some outlets suggesting this implies a potential upside of around 250-260% from current levels. The move is reportedly based on the company's similarities to SpaceX, with Morgan Stanley maintaining an "overweight" rating on the stock. However, the stock's current performance is uncertain, with some reports indicating a significant slide in its value.
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