Rocket Lab USA Inc. is trading 7.2% up at $109.73 following a bullish analyst upgrade and news of its upcoming inclusion in a major index.
- KeyBanc raised its rating on the stock to Overweight with a new price target of $135.
- The company is set to join the Nasdaq-100 Index on June 22, which is expected to significantly boost institutional demand and market visibility.
- The upward move is supported by broader strength in the technology and growth sectors alongside the company's strong recent performance.