Morgan Stanley Raises Price Target on Planet Labs to $35 From $26, Keeps Equalweight Rating
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Morgan Stanley has raised its price target on Planet Labs, with some reports indicating an increase to $35 from $26, while others suggest a different adjustment. There is also uncertainty regarding the company's rating, with some outlets stating an "equalweight" rating and others mentioning an "overweight" rating, potentially referring to a different stock, Rocket Lab. The recent performance of Planet Labs stock has been notable, with significant gains and losses reported in different time periods.
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