Planet Labs PBC (PL – Research Report) received a Buy rating and a $10.50 price target from Needham analyst Ryan Koontz today. The company's shares closed last Wednesday at $5.50, close to its 52-week low of $4.95. According to TipRanks.com, Koontz is a 4-star analyst with an average return of 9.7% and a 47.9% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Vonage Holdings, and KVH Industries. Planet Labs PBC has an analyst consensus of Strong Buy, with a price target consensus of $12.93, implying a 131.3% upside from current levels.
https://www.tipranks.com/news/blurbs/needham-thinks-planet-labs-pbcs-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Planet Labs PBC (NYSE:PL)
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