Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Palantir stock earns new Street high target at Bank of America

Bank of America raised its price target for Palantir (NYSE: PLTR) to a new Street-high of $50 per share (up from $30) in a note Tuesday, reiterating its Buy rating on the stock.

The bank views Palantir's inclusion in the S&P 500 as pivotal, describing it as a "watershed moment" for institutional investors to reassess the company's long-term potential, which they believe has been fundamentally misunderstood.... More

Palantir Technologies Inc. (PLTR) PT Raised to $50 at BofA Securities

BofA Securities analyst Mariana Perez Mora raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $50.00 (from $30.00) while maintaining a Buy rating.

The analyst comments "In 1980, AT&T hired a consultancy company to estimate the market size for cell phones by... More

Palantir surges on S&P 500 addition

(Updated - September 9, 2024 7:59 AM EDT)

Palantir (NYSE: PLTR) shares surged more than 8% in premarket trading on Monday after S&P Dow Jones Indices said the company will be added to the S&P 500 index, effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance.

The software maker for data analytics will take the place... More

Evercore ISI Reiterates Outperform Rating on Dell (DELL)

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $140.00 price target on Dell (NYSE: DELL).

The analyst comments "ALL YOU NEED TO KNOW: Following DELLs Jul-qtr print, we have fielded a TON of questions around the linearity and drivers of ISG margin ramps in H2:25 and in the out-years. The greater mix of AI servers is expected to be a headwind to gross margins, in addition to inflationary component costs, though crucially, we think there... More