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Rocket Lab’s outlook disappoints, but SpaceX-style growth is still ahead: analyst - MarketWatch

1. Rocket Lab shares fell despite strong long-term prospects. 2. KeyBanc lowered the price target to $28 but maintained overweight rating. 3. Neutron rocket launch pushed to second half of 2025, affecting investor sentiment. 4. Company introduced new Flatellite technology for large constellations. 5. Short-term growth is expected to resume in Q2 2024.

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FAQ

Why Bearish?

The short-term guidance is soft and Neutron's launch delayed, causing immediate investor concern.

How important is it?

The article discusses significant corporate developments impacting Rocket Lab's outlook, making it highly relevant.

Why Short Term?

The immediate impact of weaker guidance is expected, but optimism exists for Q2 recovery.

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