Northland raised the firm’s price target on Planet Labs (PL) to $8 from $7 and keeps an Outperform rating on the shares after the company participated in the firm’s Capital Growth conference this week. The CEO said international demand “is the likes of which he has never seen before,” adding that opportunities outweigh risk in U.S., the firm tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PL: