Wedbush analyst Daniel Ives initiated coverage with a Buy rating on Planet Labs PBC (PL – Research Report) today and set a price target of $10.00. The company's shares closed last Thursday at $5.26. According to TipRanks.com, Ives is a top 100 analyst with an average return of 33.6% and a 71.4% success rate. Ives covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Consensus Cloud Solutions, and Palo Alto Networks. Planet Labs PBC has an analyst consensus of Strong Buy, with a price target consensus of $13.80, representing a 159.9% upside.
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