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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100