Palantir News: DA Davidson Just Raised Its Price Target on PLTR Stock
PLTRPalantir Technologies(PLTR) Investor Place·2024-08-06 21:46

Artificial intelligence (AI) software company Palantir (NASDAQ:PLTR) stock drew a higher price target after reporting results that beat street estimates.Palantir earned 134million,6centspershare,onrevenueof134 million, 6 cents per share, on revenue of 678 million during the quarter ending in June. Revenue was up 27% year-over-year. The company guided to full-year revenue of about 2.75billion.ThenewssentPLTRstockupover102.75 billion.The news sent PLTR stock up over 10% in pre-market trading. It opened this morning at about 26.70 per share, its market capitalization over $60 billi ...