Rocket Lab Climbs 7% as Cantor Reiterates $122 Target on Launch Record; Intuitive Machines Jumps 10%, AST SpaceMobile Rises 6%

Cantor Fitzgerald just restated its bull case for Rocket Lab with a $122 target, yet the stock is trailing a space peer that received no catalyst at all, and that disconnect tells you something important about what is actually driving Monday's rally.