# Rocket Lab Rises 7% as Cantor Boosts Target

> Rocket Lab jumps 7% after Cantor Fitzgerald reiterates $122 target on launch record, outpacing peers without catalysts.
- Title: Rocket Lab Rises 7% as Cantor Boosts Target · 24/7 Wall St.
- Summary: Rocket Lab jumps 7% after Cantor Fitzgerald reiterates $122 target on launch record, outpacing peers without catalysts. Rocket Lab's stock gained despite no…
- Keywords: rocket lab, cantor fitzgerald, launch record, intuitive machines, ast spacemobile, nasdaq, space stocks, market movers, stock price target, space sector, Rocket, Lab
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/21/rocket-lab-climbs-7-as-cantor-reiterates-122-target-on-launch-record-intuitive-machines-jumps-10-ast-spacemobile-rises-6
- Author: David Moadel
- Published: 2026-09-21T15:40:02+00:00
- Read time: 1 min
- Topics: rocket lab, cantor fitzgerald, launch record, intuitive machines, ast spacemobile, nasdaq, space stocks, market movers, stock price target, space sector
## Cantor Reiterates Target
Cantor Fitzgerald restated an Overweight rating and $122 price target for Rocket Lab shares.

> Cantor Fitzgerald reiterated its Overweight rating and a $122 price target on Rocket Lab shares.
## Rocket Lab Surges
Rocket Lab stock climbed 7% in Monday morning trading, outperforming the broader market.

> Rocket Lab stock is at $69.03, up 7% in Monday morning trading.
## Intuitive Machines Jumps
Intuitive Machines stock rose 10% without any research catalysts or announcements.

> Intuitive Machines stock is at $15.28, up 10% in Monday morning trading.
## AST SpaceMobile Rises
AST SpaceMobile stock increased 6% as part of a coordinated bid across space stocks.

> AST SpaceMobile stock is at $61.81, up 6%.
## Peer Group Outperformance
Intuitive Machines outperformed Rocket Lab despite no catalysts, indicating concentrated buying in space stocks.

> Intuitive Machines is up by more than Rocket Lab despite no catalysts.
## Cantor's Catalysts
Cantor expects Neutron's debut flight and Iridium Communications acquisition to move Rocket Lab stock.

> Cantor expects Neutron's debut flight and closing the pending Iridium Communications acquisition to move the stock.
## No Timeline for Catalysts
Neither Neutron's flight nor Iridium's acquisition has a confirmed timeline for execution.

> The note attached no timeline to either event, so the entry-point argument rests on catalysts nobody has committed to a date on.
## Key takeaway

Rocket Lab's stock gained despite no new catalysts, as Cantor's reiteration of a target falls short of actual market moves.