Analyst reboots Rocket Lab stock price target after earnings

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Peter Beck has always had a thing for rockets. While an apprentice tool-and-die maker at Fisher & Paykel, the New Zealand native used the company workshop to make a rocket bike, rocket-attached scooter, and a jet pack. Related: Single Best Trade: Wall Street veteran picks Palantir stock Beck went on to found in 2006 the launch and space systems company Rocket Lab (RKLB) , which is now based in Long Beach, Calif. The rocket business really took off in 2023, according to Quartz, reaching an all-time high of 207 successful orbital launches. Rocket Lab CEO Peter Beck Elon Musk’s SpaceX...