Barclays launched aerospace and defense coverage with a bullish view, saying the U.S. is in the “early innings of a modern day industrial revolution.”  SPCX  – Overweight, $254 price target. RKLB  – Overweight, $85 price target. PLTR  – Overweight, $265 price target. ACHR  – Upgraded to Overweight from Equal Weight, with the price target raised to $8 from $4.50. The firm prefers defense technology over large-cap primes and also sees opportunities in aerospace and aftermarket. 09-OCT-2026 05:20 AM ET