Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Graco (GGG) and Planet Labs PBC (PL)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Graco (GGG – Research Report) and Planet Labs PBC (PL – Research Report).
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Graco (GGG)
William Blair analyst Ross Sparenblek reiterated a Hold rating on Graco today. The company’s shares closed last Thursday at $87.45.
According to TipRanks.com, Sparenblek is a 4-star analyst with an average return of
Graco has an analyst consensus of Hold, with a price target consensus of $93.67, which is a 6.9% upside from current levels. In a report issued on January 26, Oppenheimer also maintained a Hold rating on the stock.
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Planet Labs PBC (PL)
In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Planet Labs PBC, with a price target of $33.00. The company’s shares closed last Thursday at $27.48.
According to TipRanks.com, Rhee is a 5-star analyst with an average return of
Planet Labs PBC has an analyst consensus of Strong Buy, with a price target consensus of $24.94, implying a -10.0% downside from current levels. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a $31.00 price target.
