
Palantir slides from peak after qtrly report; analysts hike PTs

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Shares of Palantir Technologies fell 6.8% to $193.05 despite surpassing Q3 revenue and earnings expectations. The stock is on track for its largest one-day percentage drop since October 3, following a record high close of $207.18. Eight brokerages raised their price targets, with BofA Global Research increasing its target from $215 to $255. The average rating among 26 brokerages is "hold" with a median price target of $189. Palantir's stock is up 155% YTD and 370% over the past year, while Michael Burry has taken bearish positions on the company.
