Palantir Technologies shares are trading higher on continued upward momentum after Wedbush on Friday initiated coverage on the stock with an Outperform rating and announced a $25 price target.
Portfolio Pulse from Benzinga Newsdesk
Shares of Palantir Technologies are trading higher following an Outperform rating and a $25 price target set by Wedbush. The stock continues to gain upward momentum.
July 31, 2023 | 2:26 pm
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Palantir Technologies' stock is trading higher after Wedbush initiated coverage with an Outperform rating and a $25 price target.
The Outperform rating and $25 price target set by Wedbush is a positive signal for investors, indicating that the firm believes the stock will outperform the market. This has led to increased buying pressure, pushing the stock price higher.
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