Citigroup Maintains Sell on Palantir Technologies, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a 'Sell' rating on Palantir Technologies (NYSE:PLTR) but raises the price target from $6 to $10.
August 07, 2023 | 4:58 pm
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NEUTRAL IMPACT
Despite the 'Sell' rating maintained by Citigroup, the raised price target from $6 to $10 could potentially influence investor sentiment towards Palantir Technologies.
The 'Sell' rating indicates Citigroup's negative outlook on PLTR. However, the increased price target may suggest a less bearish view than before, which could potentially sway investor sentiment and impact the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100