Rocket Lab Stock Rises as KeyBanc Upgrades to Buy, Says 'RKLB is the Clear #2 to SPCX'

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2026.06.15 11:41
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Rocket Lab (RKLB) stock rose ~4% in pre-market trading after KeyBanc analyst Michael Leshock upgraded it to Buy with a $135 price target, citing it as the clear #2 to SpaceX. Leshock highlighted Rocket Lab's successful Electron missions, resolved Neutron testing issues, and potential for high-margin subscription revenue. The upgrade reflects broader bullish sentiment in the space sector due to constrained launch supply and growing NASA activity.