KeyBanc downgrades Rocket Lab to 'sector weight'; shares down
ReutersJan 15, 2026 12:17 PM
Shares of space company Rocket Lab RKLB.O down 2.2% at $89.81 premarket
Brokerage KeyBanc downgrades RKLB to 'sector weight' from 'overweight', saying "a myriad of aggressive, multi-year growth catalysts have become realized and are now generally well known/accepted"
Brokerage continues to view RKLB as one of the 'highest quality companies' within the Space sector; adds, risk/reward profile for co appears balanced in near-to medium-term
Eleven of 17 brokerages recommend a rating of "buy" or higher, others at "hold"; stock has a median PT of $72, according to LSEG-compiled data
RKLB rose ~174% in 2025
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