Craig-Hallum Maintains Hold on Planet Labs, Raises Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeff Van Rhee maintains a Hold rating on Planet Labs (NYSE:PL) and raises the price target from $2 to $2.5.
September 06, 2024 | 1:07 pm
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Craig-Hallum analyst Jeff Van Rhee maintains a Hold rating on Planet Labs and raises the price target from $2 to $2.5, indicating a slightly positive outlook.
The increase in the price target from $2 to $2.5 suggests a slightly positive outlook for Planet Labs, which could lead to a minor positive impact on the stock price. However, the Hold rating indicates that the analyst does not see significant upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100