Palantir Stocks rebound, Phillip Securities raises target price to $215
2026-08-12 02:18:56
According to CoinMeta, after Palantir Technologies (Nasdaq: PLTR) surpassed expectations in its second-quarter performance, Phillip Securities raised its target price for the stock from $202 to $215 and maintained a buy rating. Analyst Alif Fahmi also increased the company's revenue and net profit forecasts for the fiscal year 2026 by 6%. Palantir reported second-quarter revenue of approximately $1.9 billion, exceeding the consensus forecast by 6.8%. Meanwhile, investor Michael Burry took a bearish stance on Palantir and purchased put options expiring in March 2027 with strike prices in the $100 range. Despite recent revenue growth, Burry believes the company is overvalued.
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Source：Coinpaper
This content is for market information only and does not constitute investment advice.
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