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Rocket Lab Stock Has 'Multiple Avenues For Significant Upside': Analyst Highlights What's Next

1. Rocket Lab's price target increased from $50 to $75 by KeyBanc. 2. Analyst cites 30% growth potential in Space Systems for 2025 and 2026. 3. Positive outlook after updated insights from CEO and CFO meeting. 4. Rocket Lab forecasts a significant number of successful launches this year. 5. Company aims to develop its own satellite constellation in the future.

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FAQ

Why Bullish?

The raised price target indicates strong growth expectations, similar to SpaceX's trajectory.

How important is it?

Analyst upgrades and growth predictions could significantly influence investor sentiment positively.

Why Long Term?

The forecasted growth in Space Systems suggests sustained performance over several years.

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