Rocket Lab could grow 55% as the startup market leader, Cowen says

Rocket Lab could grow 55% as the startup market leader, Cowen says

Rocket Lab stock is ready to take off, according to Cowen. The firm upgraded the company’s stock to a market outperform rating on Wednesday and raised its price objective to $8.00 from $6.50. The new price target is 55% higher than where the stock is currently trading. “We upgrade RKLB to Outperform for key execution…