Palantir (PLTR) PT Raised to 'Street High' $30 at Jefferies
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Price: $179.89 +3.41%
Rating Summary:
21 Buy, 9 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
21 Buy, 9 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies analyst Brent Thill raised the price target on Palantir (NYSE: PLTR) to a 'Street High' $30.00 (from $18.00) while maintaining a Buy rating.
The analyst said they like the unique nature of the company's offering for high-end data analysts use cases.
They 30%+ growth over the next couple of years as well as over $1 billion revenue scale alongside expanding profitability.
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