Palantir shares are trading higher after B of A Securities maintained a Buy rating on the stock and raised its price target from $13 to $18.
Portfolio Pulse from Benzinga Newsdesk
Bank of America Securities maintained a Buy rating on Palantir Technologies and raised its price target from $13 to $18, resulting in the stock trading higher.
June 12, 2023 | 2:21 pm
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Palantir Technologies' stock is trading higher after Bank of America Securities maintained a Buy rating and raised its price target from $13 to $18.
The Buy rating maintained by Bank of America Securities and the increase in the price target from $13 to $18 indicate a positive outlook for Palantir Technologies. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100