This Is What Whales Are Betting On Palantir Technologies
Portfolio Pulse from Benzinga Insights
A significant bullish position has been taken on Palantir Technologies (NYSE:PLTR), with 20 uncommon options trades spotted. The sentiment among these traders is split, with 55% bullish and 45% bearish. The whales have been targeting a price range from $3.0 to $35.0 for Palantir over the last 3 months. Wedbush and HSBC have downgraded their actions on Palantir to Outperform and Hold respectively, with price targets of $25 and $16.
October 03, 2023 | 5:31 pm
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NEUTRAL IMPACT
A significant bullish position has been taken on Palantir Technologies, indicating potential positive movement. However, Wedbush and HSBC have downgraded their actions on the stock.
The bullish stance taken by big-money traders indicates potential positive movement for Palantir. However, the downgrades by Wedbush and HSBC could counteract this bullish sentiment, leading to a neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100