Trading expert sets Palantir stock bearish price target as correction begins
PLTRPalantir Technologies(PLTR) Finbold·2024-08-30 19:38

Palantir Technologies (NYSE: PLTR), known for its role in providing data analytics software, is potentially set for a bearish correction just weeks after enjoying positive sentiment. It’s worth noting that after impressive Q2 2024 financial results, Palantir’s stock price embarked on a bullish momentum, targeting the 40mark.However,thestocksrallywascutshort,failingtoreachthe40 mark. However, the stock’s rally was cut short, failing to reach the 35 level. PLTR was trading at $31 at press time, gaining over 2% in the last 24 hours. The tech firm’s focus on artific ...