Citigroup Maintains Buy on Planet Labs, Lowers Price Target to $4.9
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Gursky maintains a Buy rating on Planet Labs (NYSE:PL) but lowers the price target from $6 to $4.9.
September 08, 2023 | 4:28 pm
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on Planet Labs but lowers the price target from $6 to $4.9.
The news is directly about Planet Labs. While the maintained Buy rating is positive, the lowered price target could have a negative impact. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100