Deutsche Bank analyst Edison Yu lowered the firm’s price target on Planet Labs to $5 from $6 and keeps a Buy rating on the shares. The analyst says the company is not immune to macro pressures.
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Published first on TheFly
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Read More on PL:
- Planet Labs Plummets on Q1 Numbers, Tepid Outlook
- PL Earnings this Week: How Will it Perform?
- Planet Labs initiated with an Outperform at JMP Securities
- Planet Labs initiated with a Buy at Citi
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