Why Planet Labs Stock Is Gaining Altitude

Planet Labs (PL 5.67%) stock fell along with the rest of the stock market earlier this week, but thanks to some kind words from investment bank Morgan Stanley, the space company is quickly gaining back lost ground.On Thursday, a raised price target from the investment banker helped stop the stock's decline, and added a small fraction of a percent to Planet Labs' market cap. Today, Planet Labs stock is up another 3% through 10 a.m. ET.What Morgan Stanley said about Planet LabsIn a report light on details abo ...