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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Palantir Technologies Stock?

Palantir Palantir Technologies PLTR Palantir Technologies Inc
Palantir

Shares of Palantir Technologies Inc (NASDAQ:PLTR) are trading flat Monday morning as investors digest a week that saw the stock hit a new all-time high. The data analytics firm’s stock capped a week of major gains on Friday, closing at a record high after hitting $160.39 intraday.

What To Know: The recent rally was supercharged Friday by a new Overweight rating from Piper Sandler, which initiated coverage with a bullish $170 price target.

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