Needham Reiterates Buy on Planet Labs, Maintains $8 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz has reiterated a Buy rating on Planet Labs (NYSE:PL) and maintained the $8 price target.
June 09, 2023 | 9:37 am
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Needham analyst Ryan Koontz reiterates a Buy rating on Planet Labs and maintains an $8 price target.
The news directly mentions Planet Labs (NYSE:PL) and the analyst's Buy rating and maintained price target of $8. This reaffirmation of a positive rating by a reputable analyst is likely to have a positive short-term impact on the stock price, as it signals confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100