PLTR Stock Today: Oppenheimer Sees 140% US Commercial Growth Ahead Of Earnings
Photo: Coinpedia
Oppenheimer has raised its price target on Palantir to $235 from $200 and kept an Outperform rating before the company reports third-quarter results on November 2. The firm expects Palantir to beat revenue forecasts again and lift its full-year outlook, with US commercial revenue growing more than 140% and government revenue up over 65%. Its checks with customers point to strong demand, though it flagged that deployments take effort and clients need to see new value at renewal. Rosenblatt recently raised its target to $260, and JPMorgan started coverage at Overweight.
Source: Coinpedia
