I probably think it will for PLTR to hit $20 and higher. The impact of geopolitical events such as Isreal-Hamas war on individual stocks like Palantir Technologies (PLTR) can be complex and may depend on various factors such as:
1. Direct Involvement: If Palantir has significant business operations or contracts in regions directly affected by the war, there could be potential disruptions or negative impacts on its operations, revenue, and profitability.
2. Market Sentiment: Geopolitical tensions and conflicts can lead to increased market volatility and investor uncertainty, which may affect the overall stock market performance, including PLTR.
3. Government Contracts: Palantir provides data analytics software and services to government agencies, so changes in government priorities, defense spending, or security needs related to the war could potentially impact its business opportunities and revenue.
4. Long-Term Outlook: Investors may also assess Palantir’s long-term growth prospects and resilience to geopolitical risks, considering factors such as its diversified client base, technological innovation, and market positioning.
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