What's Going On With Palantir Stock?
Portfolio Pulse from Adam Eckert
Palantir Technologies Inc (NYSE:PLTR) shares are trading lower after Raymond James downgraded the stock from a Strong Buy rating to an Outperform rating and raised the price target from $15 to $18. This follows a series of analyst changes this month, including BofA Securities and Goldman Sachs raising their price targets.
June 20, 2023 | 12:43 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Palantir's stock downgraded by Raymond James, but price target raised to $18. Shares trading lower following the latest analyst update.
Palantir's stock has been downgraded by Raymond James, which may cause short-term negative sentiment among investors. However, the raised price target to $18 indicates a positive outlook in the long run. The stock is trading lower, which is likely a result of the downgrade and may continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100