Stifel analyst raises Rocket Lab’s price target to $55, expects in-line quarterly results. Company had solid quarter with 5 launches, higher selling price, growth in space systems business. Neutron remains on track for late Q4 launch, upcoming launch pad at Wallops VA seen as milestone. Management expected to reiterate second half acceleration.

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Read more at Yahoo Finance: Rocket Lab price target raised to $55 from $34 at Stifel