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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100