Palantir's price target raised at BofA on accelerated US growth, competitive advantage

Nov. 25, 2024 8:18 AM ETPalantir Technologies Inc. (PLTR) StockBy: Ravikash Bakolia, SA News Editor7 Comments
(2min)

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Palantir Technologies' (NYSE:PLTR) stock rose about 3% premarket after BofA reiterated its Buy rating.

The firm raised the price target on the shares to $75 from $55 citing accelerated U.S. growth and widening "competitive moat."

The analysts noted that Palantir has shown its

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About PLTR Stock

SymbolLast Price% Chg
PLTR
64.354.87%
Pre67.034.16%
Created with Highcharts 11.2.0Nov 18No…Nov 19Nov 20Nov 21Nov 22556065
Market Cap
$146.59B
PE (FWD)
169.95
Yield
-
Rev Growth (YoY)
24.52%
Short Interest
3.92%
Prev. Close
$61.36
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