What 8 Analyst Ratings Have To Say About Planet Labs
Portfolio Pulse from Benzinga Insights
Planet Labs (NYSE:PL) has received 8 analyst ratings in the last quarter, with 6 bullish, 2 somewhat bullish, and none bearish. The average price target is $7.44, implying an upside from the current price of $4.25. The previous average price target was $9.67.
May 19, 2023 | 3:17 pm
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POSITIVE IMPACT
Planet Labs has 8 analyst ratings with 6 bullish and 2 somewhat bullish, and an average price target of $7.44, indicating a potential upside from the current price of $4.25.
The majority of the analyst ratings for Planet Labs are bullish or somewhat bullish, indicating a positive outlook for the stock. The average price target of $7.44 is significantly higher than the current price of $4.25, suggesting that analysts believe the stock has potential for growth in the short term. This positive sentiment is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100