Unpacking the Latest Options Trading Trends in Palantir Technologies
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish trend in options trading for Palantir Technologies (NYSE:PLTR), with 62% of trades being bullish. The stock price is currently $27.11, up by 1.78%, and the next earnings report is due in 10 days. An analyst from Mizuho has downgraded the stock to Underperform with a price target of $22.0.
July 26, 2024 | 2:31 pm
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Financial giants have shown a bullish trend in options trading for Palantir Technologies, with 62% of trades being bullish. The stock price is currently $27.11, up by 1.78%. An analyst from Mizuho has downgraded the stock to Underperform with a price target of $22.0.
The majority of options trades are bullish, indicating positive sentiment among financial giants. However, the downgrade from Mizuho to Underperform with a lower price target could create mixed signals. The upcoming earnings report in 10 days adds another layer of uncertainty.
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