Palantir Technologies Unusual Options Activity For July 18
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Palantir Technologies (NYSE:PLTR), indicating a bullish stance by a large investor or institution. The activity includes 71 uncommon options trades, with a split sentiment of 50% bullish and 49% bearish. The targeted price range for Palantir over the last 3 months is from $7.0 to $26.0. The price of PLTR is currently up 3.88% at $18.07. Raymond James has downgraded its action to Outperform with a price target of $18.
July 18, 2023 | 8:30 pm
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Unusual options activity has been observed for Palantir Technologies, indicating a bullish stance by a large investor. The price of PLTR is currently up 3.88% at $18.07. Raymond James has downgraded its action to Outperform with a price target of $18.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Palantir Technologies. This could potentially drive the stock price up in the short term. Additionally, the recent upgrade by Raymond James to Outperform with a price target of $18 provides further positive sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100