
Shares of Palantir Technologies Inc (NASDAQ:PLTR) are trading higher Monday, continuing a recent surge despite a lack of company-specific news for the session. The data analytics firm has seen its stock gain momentum following a series of positive developments and a bullish analyst outlook from last week. Here’s what investors need to know.
What To Know: Last week, Wedbush analyst Daniel Ives reiterated his Outperform rating on Palantir, raising his price target to a Street-high of $160.