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Palantir Stock (PLTR) Rebounds as Phillip Securities Raises PT to $215, Maintains Buy Rating
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has received a higher price target from Phillip Securities after its second-quarter results beat expectations, while investor Michael Burry has taken another bearish position against the AI software company.
Phillip Securities raised its Palantir stock price target from $202 to $215 and maintained a Buy rating.
UBS raised its PLTR price target to $220 with a Buy rating, while Truist Securities moved its target to $223.
Michael Burry Takes Bearish Position on PLTR StockMichael Burry has taken a different position despite Palantir's recent revenue growth.
The trade follows Burry's previous bearish position in Palantir, part of which he covered when shares traded near $107.