Palantir Stock News

Monday afternoon''s top analyst upgrades and downgrades included American Airlines, Citigroup, Mosaic, Nutrien, Palantir Technologies, Sempra Energy and U.S. Steel.

https://www.investing.com/news/stock-market-news/palantir-stock-rallies-on-morgan-stanley-upgrade-2779502

NEW YORK , March 7, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CEI, HUSA, AAL, CCL, and PLTR. … Full story available on Benzinga.com

CIEN dipped in pre-market trading following its earnings report. OAS and WLL got a lift from reports of a potential merger. PM slipped on an analyst downgrade. PLTR edged up on an upgrade.

Palantir Technologies (PLTR) shares gained early Monday after Morgan Stanley upgraded the data analytics software company, noting it sees fundamentals getting better.Analyst Keith…

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week''s bullish calls included a top e-commerce platform and a software company behind a popular video teleconferencing app. A leading pharmaceutical company along with a microblogging/social networking service company were among the bearish calls seen. Strong jobs numbers and an unemployment rate of 3.8% reported on Friday were not enough to push major indexes higher. The Dow Jones Industrial Average ended its fourth week of losses and bond yields recorded their biggest one-week fall since March 2020 as the Russian military invasion of Ukraine intensified. The Dow finished the week down 1.3%, the S&P 500 also fell by 1.3% while the Nasdaq dropped by 2.8% for the week. The price of front-month futures for Brent Crude Oil rose 25% this week to $118.11, closing at its highest level since 2013. Goldman Sachs analysts said Thursday that higher oil prices and the resulting spike in gas prices are the “key inflation risk for the United States.” Benzinga continues to examine the prospects for many of the stocks most popular with investors.

Palantir''s stock has crashed lately despite reporting strong earnings.

The big data stock is now down roughly 71% from the high it hit in January 2021.

The stock broke down below the $12 level after its late-February earnings report

CrowdStrike Holdings, Inc (NASDAQ: CRWD ) and Palantir Technologies, Inc (NYSE: PLTR ) shot up on Feb. 24 after gapping down to start that day, after traders and investors woke up to find out Russia had begun its invasion into Ukraine. The price action since then appears to indicate a reversal to the upside may be in the cards, propelled by both technical indicators on CrowdStrike and Palantir’s charts and the geopolitical events that have thrust cybersecurity stocks into the spotlight. Although many analysts expected Russia to begin its offense against Ukraine with widespread cyberattacks on Ukraine’s communication infrastructure, Ukraine has remained relatively unscathed on that front. After the U.S. and its allies began to impose harsh sanctions against Russia for its aggression, however, the threat of cyber warfare against U.S. and European governments and companies has escalated, and U.S. banks and major corporations have begun preparing for Russian retaliation in the form of cyberattacks.

Today, investors in Palantir and PLTR stock have a catalyst to consider, despite price action which suggests traders are getting more bearish.

Much of Ark''s trading in recent weeks has consisted of buying beaten-down tech stocks, but it''s doing some selling too.

Jacobs Engineering Group Inc (NYSE: J ) and Palantir Technologies Inc (NYSE: PLTR ) have established a strategic collaboration that targets data and technology solutions for the infrastructure and national security markets. The financial terms were not disclosed. The collaboration focuses on the … Full story available on Benzinga.com