Rocket Lab Stock Near $100: Morgan Stanley’s $105 Target Meets a $98 “Fair Value” Call
Rocket Lab shares fell 3.4% to $93.04 in premarket trading Tuesday, pulling back from a near-record close. Morgan Stanley’s upgrade to “overweight” with a $105 price target had sparked a recent rally, but Yahoo Finance’s model put fair value near $98. The stock has swung from $14.72 to $99.58 over the past year.