Market Whales and Their Recent Bets on PLTR Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish stance on Palantir Technologies (NYSE:PLTR) through significant options activity. Benzinga's options scanner highlighted 14 extraordinary options activities, with 64% bullish and 35% bearish sentiment. The price target for PLTR is between $26.0 and $40.0. The stock is currently up 3.87% at $29.16, with RSI indicators suggesting it may be overbought. Analysts have mixed ratings, with an average target price of $24.5.
July 15, 2024 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Significant options activity indicates a bullish sentiment among deep-pocketed investors for Palantir Technologies. The stock is currently up 3.87% at $29.16, with a price target range of $26.0 to $40.0. Analysts have mixed ratings, with an average target price of $24.5.
The significant options activity, predominantly bullish, suggests that major investors expect the stock to rise. The current price increase and the high volume of options trades support this sentiment. However, mixed analyst ratings introduce some uncertainty.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100