Palantir Soars On Bullish Q4 Outlook, Charts Point To $170 Target

Palantir Soars On Bullish Q4 Outlook, Charts Point To $170 Target

Palantir stock surged over 20 in extended trading on Monday after its fourth-quarter revenue and 2025 outlook beat Wall Street estimates. The stock has gained 11 year-to-date and has risen five-fold over the past year. Palantir shares appear poised to break out from a consolidation pattern on the chart, with technical analysis suggesting an upside target of $170 by late March. Investors should monitor the $85 level for potential buying interest, as it could transition from resistance to support. Should this level fail, the stock may drop to around $66, aligning with previous support zones.


User: Benzinga

Views: 344

Uploaded: 2025-02-04

Duration: 00:45

Your Page Title