B of A Securities Maintains Buy on Palantir Technologies, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Palantir Technologies and raised its price target from $30 to $50, indicating a positive outlook for the company's stock.
September 10, 2024 | 10:32 am
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B of A Securities has maintained a Buy rating on Palantir Technologies and increased the price target from $30 to $50, suggesting confidence in the company's future performance.
The increase in the price target from $30 to $50 by B of A Securities reflects a strong positive sentiment towards Palantir's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100