Palantir Technologies Inc. (NASDAQ:PLTR) Maintains Neutral Rating from Goldman Sachs with Revised Price Target

Core Viewpoint - Goldman Sachs maintains a Neutral rating for Palantir Technologies Inc. while raising the price target from $141 to $188, reflecting a more optimistic outlook following the company's strong third-quarter financial results [2][5]. Financial Performance - Palantir reported third-quarter financial results that exceeded expectations, indicating potential growth and influencing the revised price target [2]. - The company's stock price decreased by 7.59% from its recent high of $207.18 to $191.46, showing volatility in the market [3][5]. Market Metrics - Palantir's market capitalization is approximately $435.43 billion, highlighting its substantial presence in the tech industry [4][5]. - The trading volume for the day is 43.27 million shares, suggesting active investor interest [4][5]. Stock Performance - The stock has traded between $185.56 and $205.05 on the day, indicating significant price fluctuations [3]. - The 52-week high for the stock is $207.52, while the low is $46.86, showcasing considerable volatility over the past year [3].