What Analysts Are Saying About Palantir Technologies Stock
Portfolio Pulse from Benzinga Insights
Palantir Technologies (NYSE:PLTR) has been analyzed by 13 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased by 17.31% to $29.62. Analysts have adjusted their ratings and price targets, reflecting their views on Palantir's market performance. The company has shown strong revenue growth and profitability, but faces challenges with its return on equity.
September 26, 2024 | 3:00 pm
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Palantir Technologies has received mixed analyst ratings, with a notable increase in the average price target to $29.62, up 17.31%. The company shows strong revenue growth and profitability, but faces challenges with return on equity.
The increase in the average price target suggests positive sentiment among analysts, which could lead to a short-term price increase. The company's strong revenue growth and profitability further support a positive outlook, despite challenges with return on equity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100