Palantir raises annual forecasts on GenAI strength; shares surge
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Palantir Technologies Inc. (PLTR) PT Raised to $16 at Goldman Sachs
August 6, 2024 4:07 PM EDTGoldman Sachs analyst Gabriela Borges raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $16.00 (from $14.00) while maintaining a Neutral rating.
The analyst comments "Palantir is up 14% on 8/6 after reporting 2Q24 revenue 4% above the Street and operating margins ~470bps above (FactSet). Palantir raised... More
Palantir Technologies Inc. (PLTR) PT Raised to $30 at BofA Securities
August 6, 2024 9:33 AM EDTBofA Securities analyst Mariana Perez Mora raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $30.00 (from $28.00) while maintaining a Buy rating.
The analyst comments "We liken the market, industry, and investor attitudes toward AI to that of the California gold... More
Palantir Technologies Inc. (PLTR) PT Raised to $38 at Wedbush
August 6, 2024 6:45 AM EDTWedbush analyst Dan Ives raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $38.00 (from $35.00) while maintaining a Outperform rating.
The analyst comments "We are raising our price target to $38 from $35 as the AIP story now takes hold for the Palantir story. We maintain our OUTPERFORM rating with our bull case $50. This was a game changer quarter for the Palantir story as the AIP... More
Citi Reiterates Neutral Rating on Palantir Technologies Inc. (PLTR)
August 6, 2024 5:15 AM EDTCiti analyst Tyler Radke reiterated a Neutral rating and $28.00 price target on Palantir Technologies Inc. (NYSE: PLTR).
The analyst comments "Palantirs Q2 results were impressive, especially against a choppy software demand backdrop, with one of the strongest revenue beats ($25M) in... More
Palantir Technologies Inc. (PLTR) PT Raised to $24 at Mizuho
August 6, 2024 5:13 AM EDTMizuho analyst Matthew Broome raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $24.00 (from $22.00) while maintaining a Underperform rating.
The analyst comments "We give credit where credit is due, as PLTR reported a very good quarter well above expectations. This was led... More
Palantir Technologies Inc. (PLTR) PT Raised to $21 at Deutsche Bank
August 6, 2024 5:12 AM EDTDeutsche Bank analyst Brad Zelnick raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $21.00 (from $20.00) while maintaining a Sell rating.
The analyst comments "Palantir posted solid 2Q results with revenue coming in >4% above the midpoint of guidance, the largest beat in several years, and operating margins beating by 5pts at an impressive 37% (+12pts y/y). Sustained momentum in its US Commercial business (+70% y/y... More
Palantir Technologies Inc. (PLTR) PT Raised to $28 at DA Davidson
August 6, 2024 5:07 AM EDTDA Davidson analyst Gil Luria raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $28.00 (from $24.00) while maintaining a Neutral rating.
The analyst comments "Palantir reported a strong beat and raise quarter as revenue growth accelerated due to persistent demand for AI... More
