Wedbush Maintains Outperform on Palantir Technologies, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Palantir Technologies and raises the price target from $38 to $45.
September 26, 2024 | 1:20 pm
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Wedbush analyst Daniel Ives has increased the price target for Palantir Technologies from $38 to $45 while maintaining an Outperform rating. This suggests a positive outlook for the company's stock.
The increase in price target from $38 to $45 by a reputable analyst suggests a strong positive sentiment towards Palantir's future performance. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100