Rocket Lab USA Inc. (RKLB) shares rose in premarket trading on October 9, 2026, after Barclays initiated coverage with an overweight rating. The bank set an $85-per-share price target. [2] The initiation followed a recent decline in Rocket Lab’s stock price. [2, 4, 5]
Barclays’ bullish view reflects its broader positive outlook on the aerospace and defense sector, which it said is in the early stages of a modern-day industrial revolution. [6] The bank cited the potential for Rocket Lab to increase its launch cadence and grow its spacecraft components business. [6, 12]