Planet Labs Stock Gets Price Boost from Needham
Needham raises Planet Labs price target to $16, citing strategic satellite service focus and improving profitability through 2026.
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Needham raises Planet Labs price target to $16, citing strategic satellite service focus and improving profitability through 2026.
Wedbush raised its price target for Planet Labs from $11 to $17 due to impressive traction in government contracts and a strong commercial rebound, leading to a massive $735M backlog.