JPMorgan set Palantir stock at Overweight with a $262 price target. Palantir is expected to report higher revenue, with investors awaiting fourth-quarter guidance. The stock reversed down on revenue growth, with Palantir to report Q3 earnings. Palantir's market value increased to four times that of ServiceNow. Palantir's stock dropped three percent after hours, reducing its market capitalization by $13 billion.
“JPMorgan set Palantir stock at Overweight with a $262 price target,” — Simone Whitfield, research director at Greencroft Combe Media, observed.
By the Numbers
- 262 — reports filed
- 13 — mentions tracked
Timeline
Oct 31 — JPMorgan set Palantir stock at Overweight with a $262 price target....
Nov 2 — Palantir's stock dropped three percent after hours, reducing its market capitalization by $13 billion....
Reader Poll: Has this affected your local community? — 57% of Fastinsuranceonline readers said yes.
This story has been closely followed by our readers since Nov 1. The Greencroft Combe Media desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Sunday, Nov 8.
Editor's note: this report was prepared by the Greencroft Combe Media desk and last updated 15:43 UTC.
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