Where Planet Labs Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last 3 months, 10 analysts have provided 12-month price targets for Planet Labs (NYSE:PL), with an average target of $7.3, representing a 24.51% decrease from the previous average of $9.67. The company has received 7 bullish, 3 somewhat bullish, and no bearish ratings.
June 09, 2023 | 12:07 pm
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POSITIVE IMPACT
Planet Labs has received positive ratings from analysts, with an average 12-month price target of $7.3, down 24.51% from the previous average.
The positive ratings from analysts indicate a bullish sentiment towards Planet Labs. The average 12-month price target of $7.3, despite being lower than the previous average, still suggests potential upside for the stock. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100