Palantir Technologies-Wall Street analyst updates Palantir stock price amid defence budget cut fears

Palantir (NASDAQ: PLTR) is exhibiting strength as investors react positively to Wall Street’s latest endorsement of the company’s role as a key Department of Defense contractor.As of press time, PLTR stock was trading at $90.18, gaining over 6% since the last trading session. These gains have partly erased Palantir’s recent losses, which saw the American software giant lose the$ 100 support zone. On the weekly timeframe, the equity is down 0.7%. PLTR one-week stock price chart. Source: Finbold The renewed P ...