Citigroup Maintains Neutral on Palantir Technologies, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Palantir Technologies (PLTR) and raises the price target from $23 to $25.

May 07, 2024 | 5:22 pm
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Citigroup analyst Tyler Radke has maintained a Neutral rating on Palantir Technologies but increased the price target from $23 to $25.
The increase in price target by Citigroup, while maintaining a Neutral rating, suggests a positive adjustment in the valuation model of Palantir Technologies. This adjustment likely reflects an improved outlook on the company's future performance or market position, which could lead to increased investor interest and potentially a positive impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90