JMP Securities Reiterates Market Outperform on Planet Labs, Maintains $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh reiterated a Market Outperform rating on Planet Labs (NYSE:PL) and maintained a $5.5 price target.
May 31, 2023 | 12:31 pm
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Planet Labs receives a Market Outperform rating from JMP Securities analyst Trevor Walsh, with a maintained price target of $5.5.
The Market Outperform rating from JMP Securities analyst Trevor Walsh indicates a positive outlook for Planet Labs' stock in the short term. The maintained price target of $5.5 suggests that the analyst believes the stock has potential for growth. This news is highly relevant and important for investors in Planet Labs, as it provides a positive signal for the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100