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Rocket Lab assumed with a Neutral at Goldman Sachs
Rocket Lab assumed with a Neutral at Goldman Sachs

Business Insider

time8 hours ago

  • Business
  • Business Insider

Rocket Lab assumed with a Neutral at Goldman Sachs

Goldman Sachs assumed coverage of Rocket Lab (RKLB) with a Neutral rating and $27 price target Rocket Lab has been successful in establishing itself as the 'go-to dedicated launch provider and reliable second option for space launch,' the analyst tells investors in a research note. However, the firm says Rocket Lab is not currently profitable or generating positive cash flow, is in an investment cycle with its Neutron development, and the visibility into the magnitude and path to normalized financials is limited. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Zalando assumed with a Buy at Jefferies
Zalando assumed with a Buy at Jefferies

Business Insider

time14 hours ago

  • Business
  • Business Insider

Zalando assumed with a Buy at Jefferies

Jefferies assumed coverage of Zalando (ZLNDY) with a Buy rating and EUR 33 price target The firm sees Zalando as a 'top-class operator' in European online clothing retail. While the company's sales momentum will well-understood, consensus estimates do not not adequately account for potential for margin expansion through increasing fulfillment capacity utilization, the analyst tells investors in a research note. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Rocket Lab successfully launches 68th Electron rocket display
Rocket Lab successfully launches 68th Electron rocket display

Business Insider

time14 hours ago

  • Business
  • Business Insider

Rocket Lab successfully launches 68th Electron rocket display

Rocket Lab (RKLB) Corporation successfully launched its 68th Electron rocket to deploy a single satellite to space for a confidential commercial customer. The mission was the second of two launches from the same launch site in less than 48 hours, a new launch record for the Company as it continues to deliver dedicated, repeatable and reliable access to space for satellite operators. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

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