U.S. stock market anomaly | Citigroup raises target price to $50 for Rocket Lab (RKLB.US), which rises more than 8.6%
According to the Zhitong Finance APP, on Monday, the stock price of Rocket Lab (RKLB.US) rose, as of the time of publication, the stock rose more than 8.6% to $42.36. On the news front, Citigroup raised its target price for the stock to $50. According to a report released by the venture capital firm Seraphim Space, the total investment in the global space technology sector in the second quarter of 2025 soared to $3.1 billion, marking the second-highest quarterly record in history, indicating that the industry is experiencing a strong recovery. In contrast, the investment in the first quarter of this year was only $20 billion, reflecting a rapid warming of market sentiment in the short term.
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