Palantir Technologies Unusual Options Activity For August 18
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Palantir Technologies (NYSE:PLTR), with a bearish stance taken by a large investor. The sentiment among these big-money traders is split between 35% bullish and 64% bearish. The price range targeted by these investors for Palantir over the last 3 months is from $1.0 to $30.0. Analysts from Citigroup, Mizuho, Wedbush, Wolfe Research, and DA Davidson have maintained their ratings on Palantir, with price targets ranging from $7 to $25.
August 18, 2023 | 2:31 pm
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Unusual options activity observed for Palantir Technologies, with a bearish stance taken by a large investor. Analysts have maintained their ratings, with price targets ranging from $7 to $25.
The bearish stance taken by a large investor, coupled with the unusual options activity, indicates a potential downward pressure on the stock price. Furthermore, the price targets set by analysts range from $7 to $25, which is below the current stock price, suggesting a potential downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100