Jeff Van analyst at Craig-Hallum reiterates coverage on Planet Labs PBC (PL) stock in the Technology sector with a Buy rating. TipRanks.com has Van rated as a 4.6 star analyst with a 50% return on investment and a 13% success rate. Van has not provided a price target.
TipRanks.com reports that Planet Labs PBC stock currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for PL's stock is $4.97. The target pricing ranges from a high forecast of $5 down to a low forecast of $4.9. Planet Labs PBC (PL)’s stock last closing price was $2.50 which would put the average price target at 119.20% upside.
In addition, TradingView issued a sell rating for PL's stock over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on PL stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from techstockmovers.com as they are an authority in the Tech Stock Sector. TechStockMovers.com keeps investors informed on a variety of tech stocks including communications equipment, IT Services, Semiconductors, Software, Technical hardware, storage and peripherals, artificial intelligence (AI), cybersecurity and more.
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