In a report released today, Trevor J. Walsh from JMP Securities maintained a Buy rating on Planet Labs PBC (PL – Research Report), with a price target of $5.50. The company’s shares closed last Friday at $2.16.
J. Walsh covers the Technology sector, focusing on stocks such as Okta, Palo Alto Networks, and Tyler Technologies. According to TipRanks, J. Walsh has an average return of 24.3% and a 63.16% success rate on recommended stocks.
Planet Labs PBC has an analyst consensus of Strong Buy, with a price target consensus of $4.71.
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PL market cap is currently $621.3M and has a P/E ratio of -4.01.
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Planet Labs PBC (PL) Company Description:
dMY Technology Group Inc IV is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
