Palantir (PLTR) Stock Trades Down, Here Is Why [Yahoo! Finance]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
from Neutral to Sell and assigned a $20 price target, highlighting the company's "rich valuation." The price target implied a potential 13% downside from where shares traded when the downgrade was announced. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Palantir? Access our full analysis report here, it's free What is the market telling us: Palantir's shares are very volatile and over the last year have had 38 moves greater than 5%. In context of that, today's move is indicating the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 22 days ago, when the stock gained 9.1% on the news that the company announced that it had been awarded a $178.4 million contract by the Army Contracting Command – Aberdeen Proving Ground for the development and delivery of the Tactical Intelligence
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PLTR
News
- Amae Health, Innovative Treatment Provider for Severe Mental Illness, Announces Closing of Oversubscribed $15 Million Series A Funding Round [Yahoo! Finance]Yahoo! Finance
- Palantir Technologies Inc. (NYSE: PLTR) was upgraded by analysts at Monness Crespi & Hardt from a "sell" rating to a "neutral" rating.MarketBeat
- Unleashing AI Sounds: The Best Tools For Music, Voices, And Effects [Forbes]Forbes
- Parexel and Palantir Expand Collaboration to Accelerate Clinical Data Delivery and Power Clinical Outcomes for Patients [Yahoo! Finance]Yahoo! Finance
- Palantir Technologies Inc. (PLTR) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
PLTR
Earnings
- 2/5/24 - Beat
PLTR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- PLTR's page on the SEC website