Reported 1 day ago
Stephen 'Sarge' Guilfoyle, a seasoned trader, shares insights on Palantir Technologies (PLTR) following its significant stock surge, driven by partnerships with U.S. defense organizations and a recent shift to the Nasdaq. Although he raised his price target to $90, he cautioned that the stock could face volatility due to upcoming economic reports and skepticism from some analysts regarding its valuation, given its high price-to-earnings ratio.
Source: YAHOO