Needham Reiterates Buy on Planet Labs, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Planet Labs (NYSE:PL) and maintained a price target of $7.
October 12, 2023 | 10:19 am
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Planet Labs' stock rating has been reiterated as 'Buy' by Needham analyst Ryan Koontz, with a maintained price target of $7.
The reiteration of a 'Buy' rating by a Needham analyst indicates a positive outlook for Planet Labs. The maintained price target of $7 suggests that the analyst believes the stock is undervalued at current prices, which could lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100