@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.
finance.yahoo.com
| Planet Labs (PL) Hits New All-Time High as Morgan Stanley Hikes PT by 344%

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