This Is What Whales Are Betting On Palantir Technologies
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Palantir Technologies (NYSE:PLTR), with 60% of recent trades being bearish. The targeted price range for Palantir over the last 3 months is between $10.0 and $25.0. The current price of PLTR is down 2.0% at $13.94. HSBC, Wedbush, and Morgan Stanley have downgraded their actions on Palantir with price targets of $16, $25, and $9 respectively.
September 26, 2023 | 8:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Bearish stance taken on Palantir Technologies with majority of recent trades being bearish. Analysts have downgraded their actions with varying price targets.
The bearish stance taken by a significant investor and the downgrades by analysts indicate a potential negative short-term impact on Palantir's stock price. The targeted price range also suggests uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100