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Palantir Shares Post Biggest Daily Slide Since 2022 After Forecast Disappoints

NEW YORK, May 7 (Reuters) - Shares of Palantir Technologies fell 15.1% on Tuesday in their biggest daily percentage drop since May 2022, a day after the data analytics company gave a revenue forecast

Palantir Shares Post Biggest Daily Slide Since 2022 After Forecast Disappoints

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Davidson, which raised its target to $24 from $19.</p><p>&#34;While guidance for FY2024 was increased, it was lighter than expected,&#34; D.A. Davidson analysts wrote in their research note, adding that management had noted &#34;they&#39;re seeing unavoidable headwinds in Europe.&#34;</p><p>But they wrote that overall the company results for the first quarter were &#34;solid ... driven by further operating margin expansion and growth within U.S. Commercial revenue.&#34; D.A. 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