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Palantir Shares Jumped 7.5% in Morning Trading

Tiger Newspress2022-06-21

Palantir shares jumped 7.5% in morning trading after Palantir initiated with a Buy at BofA.

BofA analyst Mariana Perez Mora initiated coverage of Palantir Technologies with a Buy rating and $13 price target. The analyst sees the company as a beneficiary of "rapidly growing demand" for acritical intelligence platforms in both commercial and government end markets. Palantir's "dominant" position in the AI-powered software market should support more than 30% annual revenue growth and improving profits, Perez Mora tells investors in a research note.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment22

  • Steven Tay
    ·2022-06-22
    Ok
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  • SCLIEW
    ·2022-06-22
    666
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  • SCLIEW
    ·2022-06-22
    666
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  • SPOT_ON
    ·2022-06-22
    Selll
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  • traveleat123
    ·2022-06-21
    Reply
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  • Tanyl
    ·2022-06-21
    I had sold my PLTR with a 30% loss
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  • gwk
    ·2022-06-21
    Like
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  • gwk
    ·2022-06-21
    like
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  • Jason_LSE
    ·2022-06-21
    Pls come down. I am waiting at $5 ...leh.[Grin] [Sly] 
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  • terry89
    ·2022-06-21
    Ok
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  • Swordmerlin
    ·2022-06-21
    Ok
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  • halforc
    ·2022-06-21
    Like
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  • Turbobo
    ·2022-06-21
    Ok
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  • Turbobo
    ·2022-06-21
    Ok
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  • BKT
    ·2022-06-21
    Good. Pls like thanks.
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  • Pigmonkey
    ·2022-06-21
    Ok
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  • lololol13
    ·2022-06-21
    Good
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  • Heng08
    ·2022-06-21
    Good 
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  • Pingu829
    ·2022-06-21
    good news
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  • Cheryi
    ·2022-06-21
    Ok
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