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Analysts Conflicted on These Industrial Goods Names: Enovix (ENVX), LanzaTech Global (LNZA) and Planet Labs PBC (PL)

Tipranks - Fri May 15, 8:12AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Enovix (ENVX), LanzaTech Global (LNZA) and Planet Labs PBC (PL).

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Enovix (ENVX)

In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Enovix, with a price target of $16.00. The company’s shares closed last Wednesday at $7.29, close to its 52-week low of $5.70.

According to TipRanks.com, Richard is a 5-star analyst with an average return of 28.0% and a 60.8% success rate. Richard covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Advanced Micro Devices, and Power Integrations. ;'>

Currently, the analyst consensus on Enovix is a Moderate Buy with an average price target of $13.43, representing an 89.7% upside. In a report issued on May 5, Canaccord Genuity also maintained a Buy rating on the stock with a $15.00 price target.

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LanzaTech Global (LNZA)

Roth MKM analyst Leo Mariani maintained a Hold rating on LanzaTech Global today and set a price target of $18.24. The company’s shares closed last Wednesday at $18.24.

According to TipRanks.com, Mariani is a top 25 analyst with an average return of 35.6% and a 72.3% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

LanzaTech Global has an analyst consensus of Hold, with a price target consensus of $18.24, a -11.5% downside from current levels. In a report issued on May 5, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $23.00 price target.

Planet Labs PBC (PL)

Wedbush analyst Daniel Ives maintained a Buy rating on Planet Labs PBC today and set a price target of $50.00. The company’s shares closed last Wednesday at $40.74.

According to TipRanks.com, Ives is a 5-star analyst with an average return of 16.0% and a 55.4% success rate. Ives covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Rubrik, Inc. Class A. ;'>

Planet Labs PBC has an analyst consensus of Strong Buy, with a price target consensus of $36.11, which is a -14.4% downside from current levels. In a report issued on May 5, TipRanks – Google also upgraded the stock to Buy with a $42.00 price target.

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