In a report released today, Ryan Koontz from Needham maintained a Buy rating on Planet Labs PBC (PL – Research Report), with a price target of $10.50. The company's shares closed last Thursday at $5.08, close to its 52-week low of $4.28. According to TipRanks.com, Koontz is a 4-star analyst with an average return of 6.9% and a 47.9% success rate. Koontz covers the Technology sector, focusing on stocks such as Zoom Video Communications, Otonomo Technologies, and KVH Industries. Currently, the analyst consensus on Planet Labs PBC is a Strong Buy with an average price target of $10.38.
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