This Is What Whales Are Betting On Palantir Technologies
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) by a large investor, as observed from the options history. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $7.0 to $30.0 for Palantir Technologies over the last 3 months. The current price of PLTR is up 1.24% at $15.52. Analysts from Goldman Sachs and Jefferies have maintained their Neutral and Hold ratings respectively, while Raymond James has downgraded its action to Outperform with a price target of $18.
July 03, 2023 | 6:01 pm
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A large investor has taken a bearish stance on Palantir Technologies (NYSE:PLTR). The overall sentiment of big-money traders is more bearish than bullish. The current price of PLTR is up 1.24% at $15.52.
The bearish stance taken by a large investor, as well as the overall bearish sentiment among big-money traders, could potentially drive the stock price down in the short term. The current price increase might be temporary and could reverse due to this bearish sentiment.
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IMPORTANCE 80
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