BUZZ-KeyBanc downgrades Rocket Lab to 'sector weight'; shares down

Reuters
2026.01.15 12:17
portai
I'm PortAI, I can summarize articles.

Shares of space company Rocket Labdown 2.2% at $89.81 premarketBrokerage KeyBanc downgrades RKLB to ‘sector weight’ from ‘overweight’, saying “a myriad of aggressive, multi-year growth catalysts have become realized and are now generally well known/accepted” Brokerage continues to view RKLB as one of the ‘highest quality companies’ within the Space sector; adds, risk/reward profile for co appears balanced in near-to medium-termEleven of 17 brokerages recommend a rating of “buy” or higher, others at “hold”; stock has a median PT of $72, according to LSEG-compiled dataRKLB rose ~174% in 2025