Cantor Fitzgerald Raised the PT on Planet Labs (PL), Keeps an Overweight Rating
From Yahoo Finance: 2025-06-28 12:30:00
Planet Labs PBC (NYSE:PL) is named a top pick in the aerospace and defense sector. Cantor Fitzgerald raised the price target to $8.50, citing confidence in the company’s ability to outperform over the next 12 months.
The firm sees Planet Labs PBC (NYSE:PL) benefiting from satellite services deals like JSAT, accelerating its timeline to sustainable free cash flow. Earth Intelligence business is positioned to capitalize on global insecurity trends.
Planet Labs PBC (NYSE:PL) is a key player in aerospace and defense, offering daily satellite and geospatial solutions to government and commercial users. The firm’s emerging satellite services strategy resembles Berkshire Hathaway’s, providing competitive advantages.
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Read more: Cantor Fitzgerald Raised the PT on Planet Labs (PL), Keeps an Overweight Rating