Why Palantir Stock Beat the Market Today
Monday was a tough day for many stocks on the market. One that did relatively well was specialty tech company Palantir Technologies (NYSE: PLTR). Its shares fell only marginally on the day, performing much better than the S&P 500 index, which sank by 1.7%.
Much of this was due to a bullish new analyst note from Monness, Crespi, Hardt & Company's Brian White. He's initiating coverage on Palantir stock with a buy at a $20 per-share price target. That level implies upside of nearly 60% on the stock's current level.
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Source Fool.com
