HSBC Maintains Hold on Palantir Technologies, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey maintains a Hold rating on Palantir Technologies (PLTR) and raises the price target from $22 to $23.
May 07, 2024 | 5:23 pm
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POSITIVE IMPACT
HSBC maintains a Hold rating on Palantir Technologies and increases the price target to $23.
The increase in price target by HSBC reflects a positive outlook on Palantir Technologies' future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100