Clear Street Lifts Planet Labs (PL) Price Target, Maintains Buy Rating

Planet Labs (NYSE:PL) is one of the high short interest stocks to buy right now. On December 4, Clear Street analyst Greg Pendy raised the firm’s price target on Planet Labs to 14from14 from 12 and kept a Buy rating on the shares. The firm increased its revenue projection for Planet Labs for FY2028 to 445million,upfromapreviousestimateof445 million, up from a previous estimate of 422 million. In anticipation of the company's FQ3 2026 earnings report, Clear Street is applying a higher valuation multiple to this raised projection. 12 Best Indus ...