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Stock impact report

Veteran trader revamps Rocket Lab stock price target after earnings [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
It's an expression of exuberance typically associated with cowboys or rural inhabitants of the southern U.S., according to the folks at Merriam-Webster, but TheStreet Pro's Stephen Guilfoyle was nowhere near a rodeo when he employed the term. Related: Analyst adjusts Rocket Lab's stock price target on space economy outlook In fact, the veteran trader , whose career goes back to the floor of the New York Stock Exchange in the 1980s, was looking higher than any bucking bronco could ever go, as he trained his eye on the stars and Rocket Labs USA RKLB The aerospace company posted third-quarter results on Nov, 12 and Guilfoyle, a longtime supporter of Rocket Lab, liked what he saw. "Yeehaw!” he wrote in a recent column. "The earnings print beat Wall Street by a penny, while the sales number not only beat expectations, but was good enough for year-over-year growth of 54.9%." Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter Investors were also letting out Show less Read more
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