Earlier this month, Planet Labs announced the general availability of the next generation of its PlanetScope Monitoring product, offering high-quality, analysis-ready data to all existing PlanetScope customers. While previously offering four spectral bands, PlanetScope will now include eight spectral bands, in addition to a series of enhancements, providing customers with richer, cleaner and more consistent data to empower deeper analysis of earth’s changing conditions.
Goldman Sachs has set its target price at $11, while the consensus target is even higher at $13.19. The shares last traded on Friday at $5.16 apiece. The Goldman Sachs target represents a gain of over 100%.
This is another company that has a solid following across Wall Street. Sonendo. Inc. (NASDAQ: SONX) a commercial-stage medical technology company that develops, manufactures and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment device for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure.
The company also offers SoundSeal, a material used to build and create a sealing platform on the top of the crown, as well as Sonendo-branded liquid solution of ethylenediaminetetraacetic acid that is used to help debride and disinfect the root canal system. In addition, it provides The Digital Office, a practice management software that integrates digital offices for dental practitioners.
The Goldman Sachs price target of $10 is less than the $16.98 consensus figure. The shares were last seen trading on Friday at $4.31. The Goldman Sachs target represents a gain of 140%.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.
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