Key Takeaways From Planet Labs Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Planet Labs (NYSE:PL) in the latest quarter, with 5 bullish and 1 somewhat bullish ratings. The average 12-month price target is $5.02, with a high of $7.00 and a low of $3.90. Recent actions include several analysts lowering their price targets while maintaining a 'Buy' rating.
May 20, 2024 | 1:00 pm
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Planet Labs received mixed analyst ratings with 5 bullish and 1 somewhat bullish ratings. The average 12-month price target is $5.02, up from $4.95. Several analysts lowered their price targets but maintained a 'Buy' rating.
The mixed ratings and maintained 'Buy' recommendations suggest cautious optimism among analysts. The slight increase in the average price target indicates a positive outlook, albeit with some reservations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100