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      Rocket Lab Shares Rise Following Price Target Increase

      Rocket Lab, an aerospace and defense company, experienced a 5.3% increase in its share price during the afternoon trading session. This surge follows an announcement from Stifel analyst Erik Rasmussen, who raised the price target for Rocket Lab's stock from $90 to $105.

      Rasmussen maintained a Buy rating on Rocket Lab shares, contributing to the positive market response. The adjustment in the price target reflects growing confidence in the company's prospects within the aerospace sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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