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On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Planet Labs PBC (NYSE:PL) is up “way too much” and is just going higher.
“We’re gonna say, no,” Cramer adds. “We’re not going to pay these prices.”
Goldman Sachs analyst Anthony Valentini, on April 20, maintained Planet Labs with a Neutral and raised the price target from $18 to $20.
Cramer called Symbotic Inc. (NASDAQ:SYM) an automation company and a robotic company.
“You are going up against Elon Musk,” he said. “But there’s room for both.”
On the earnings front, Symbotic is scheduled to release second-quarter financial results after the market …
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