Expecting new all time highs here on $PLTR and Target $160

TechnicalHunter
06-03

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Someone just bought $519,000 worth of the August 15th $Palantir Technologies Inc.(PLTR)$ 160 calls 716 contracts @ 7.25

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$Palantir Technologies Inc.(PLTR)$ is “really in a sweet spot,” @bluechipdaily strategist Larry Tentarelli says. “They dominate big data and AI, and they are tied in with some very high-value contracts with the US government. That is definitely a bullish tailwind.”

Martin Skhreli: "Palantir has the potential to be worth $10T and they are a key player in the AI revolution." Shkreli is the co-founder of the hedge funds Elea Capital, MSMB Capital Management, and MSMB Healthcare.

@Shay_Boloor: $Palantir Technologies Inc.(PLTR)$ TITAN CONTRACT COULD SCALE TO $2.5B AS ARMY EYES 150 AI-ENABLED UNITS


Is Palantir Toward New Highs Now?
The brightest AI star in the U.S. stock market recently is clearly Palantir. It has surged 79% year-to-date and recently hit an all-time high near $148. After rebounding 1% yesterday, could the pullback be over—and is a new high on the horizon? Do rising stocks inherently carry stronger momentum? Palantir’s 12-month average target price is \$106.42, with the highest analyst target at \$148. The current price is well above most analyst estimates. Would you still dare to buy? Or are you just holding on? What’s your target price for Palantir?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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