Palantir Stock Rises 7% to $131.53 as Oppenheimer Maintains $200 Price Target

PLTR-6.08%
According to Oppenheimer, Palantir (PLTR) stock rose 7% to $131.53 on July 27 as the investment bank maintained its outperform rating and $200 price target ahead of the company's Q2 earnings release. GuruFocus reported that Oppenheimer expects Palantir's Q2 revenue to exceed expectations, with full-year guidance likely to be raised, citing sustained demand for AI software from both U.S. government and commercial customers. The company is scheduled to report Q2 results on August 3.
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