JMP Securities analyst Trevor J. Walsh reiterated a Buy rating on Planet Labs PBC (PL – Research Report) today and set a price target of $4.00. The company’s shares closed last Thursday at $2.55.
J. Walsh covers the Technology sector, focusing on stocks such as Tyler Technologies, SentinelOne, and Palo Alto Networks. According to TipRanks, J. Walsh has an average return of 21.8% and a 63.46% success rate on recommended stocks.
Planet Labs PBC has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.
PL market cap is currently $733.4M and has a P/E ratio of -5.07.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
