Stock Track | Planet Labs PBC Soars 5.23% as Analysts Raise Price Targets on Contract Win

Stock Track

Jan 30, 2025

Planet Labs PBC (PL) stock surged 5.23% in the pre-market trading session on Thursday, outperforming the broader market. This rally was fueled by a series of positive analyst actions following the company's recent contract win.

Craig-Hallum upgraded Planet Labs to a "Buy" rating from "Hold" and raised its price target to $7 from $3.50. The firm cited the contract win as a key factor driving its optimism for the stock. Meanwhile, Cantor Fitzgerald maintained its "Buy" rating on Planet Labs PBC and JMP Securities reiterated its "Buy" rating, setting a price target of $6.50.

The analysts' bullish stance and higher price targets reflect growing confidence in Planet Labs PBC's growth prospects, driven by its successful contract wins and potential for further expansion. Investors appear to be responding positively to the analysts' recommendations, propelling the stock higher in the early trading session.

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This rally was fueled by a series of positive analyst actions following the company's recent contract win.</p>\n\n<p>Craig-Hallum upgraded Planet Labs to a \"Buy\" rating from \"Hold\" and raised its price target to $7 from $3.50. The firm cited the contract win as a key factor driving its optimism for the stock. Meanwhile, Cantor Fitzgerald maintained its \"Buy\" rating on Planet Labs PBC and JMP Securities reiterated its \"Buy\" rating, setting a price target of $6.50.</p>\n\n<p>The analysts' bullish stance and higher price targets reflect growing confidence in Planet Labs PBC's growth prospects, driven by its successful contract wins and potential for further expansion. Investors appear to be responding positively to the analysts' recommendations, propelling the stock higher in the early trading session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PL","symbol_name":"Planet  Labs Pbc","start_time":0,"source_url":"","article_id":"1184919362","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184919362","pubTimestamp":1738248002,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Planet Labs PBC  stock surged 5.23% in the pre-market trading session on Thursday, outperforming the broader market. This rally was fueled by a series of positive analyst actions following the company's recent contract win.Craig-Hallum upgraded Planet Labs to a \"Buy\" rating from \"Hold\" and raised its price target to $7 from $3.50. The firm cited the contract win as a key factor driving its optimism for the stock. Meanwhile, Cantor Fitzgerald maintained its \"Buy\" rating on Planet Labs PBC and JMP","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PL":"Planet  Labs Pbc"},"translate_title":"分析师因赢得合同而提高价格目标，Planet Labs PBC股价飙升5.23%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PL":1},"content_text":"Planet Labs PBC (PL) stock surged 5.23% in the pre-market trading session on Thursday, outperforming the broader market. 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