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Palantir Ends at $186.03 After a 7.22% Drop as Targets Rise

The company plans to report third-quarter results after U.S. markets close Nov. 2 and has scheduled a 5 p.m. ET (22:00 UTC) webcast.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in New York City. / EconoTimes.ai
Pedestrians pass the New York Stock Exchange on Broad Street in New York City. / EconoTimes.ai

At Friday’s close on Oct. 16, Palantir stood at $186.03 after losing $14.47, or 7.22%, for the session.

On Oct. 15, Gregg Moskowitz of Mizuho moved his target from $215 to $245 and maintained an Outperform rating. William Power of Baird set a $250 target on Oct. 12, up from $200. Moskowitz called Mizuho's third-quarter channel checks “very healthy overall.”

Palantir announced that its third-quarter results will be released after U.S. markets close on Nov. 2. A webcast to discuss the results is set for 5 p.m. ET (22:00 UTC).

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