KeyBanc Cuts Rocket Lab Stock (RKLB) Price Target, But Stays Bullish. Here’s Why

Rocket Lab's Neutron debut slipped to 2027 after propellant-dome manufacturing defects, driving a 6.6% drop. KeyBanc's target cut to $100 from $135, trimming 2027 revenue by roughly $53 million for one lost launch, signals multiple compression across high-growth space names. Near-term sentiment stays pressured, though the reiterated Buy and intact Space Systems outlook limit broader sector contagion.