Citi Raises Palantir Price Target to $250 Ahead of Q3 Results

PLTR Price Prediction: Analysts Raise Targets Before Q3 Earnings as the Binance Contract Stalls Below Its 20-Day Average - Invest In Crypto News

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Palantir Stock Near $195 Premarket as Citi Raises PLTR Price Target to $250

Palantir shares edged lower before Friday’s opening bell, extending Thursday’s decline despite Citi raising its price target ahead of the AI software company’s November earnings report. PLTR traded around $195.60 in early premarket trading on October 23, down approximately 0.3% from Thursday’s $196.19 close. The stock lost 2.74% in the previous session. The pullback leaves investors weighing rapid revenue growth and expanding government opportun…

Citi Raises Palantir Price Target to $250 Ahead of Q3 Results

The bank expects further strength in Palantir’s U.S. government and commercial businesses. The company forecasts third-quarter revenue of $2.160 billion to $2.164 billion.

Citi raises Palantir stock price target

Citi raised its Palantir stock price target from $245 to $250 and kept a “Buy” rating on the software company on Thursday, October 22.