Related Symbol
avatar
@UndyingValue 2 months ago

Planet Labs hits high after Morgan Stanley raises price target to $20

Planet Labs hits high after Morgan Stanley raises price target to $20

Planet Labs hit a new all-time high of $19.10 today before closing at $18.24. Morgan Stanley raised their price target to $20 from $4.50 following a Q3 earnings beat. Revenue jumped 32% to $81.2M. While net loss increased to $59M, the company raised full-year guidance and expects to swing to positive adjusted EBITDA.
post thumbnail
no comments yet

There are no comments here, be the first to comment