Jul. 24 at 11:29 AM
$PLTR Palantir price target lowered to
$200 from
$225 at Citi
Citi lowered the firm's price target on Palantir to
$200 from
$225 and keeps a Buy rating on the shares. The firm cites the stock's multiple compression for the target cut. However, it expects Palantir's U.S. commercial to rebound in Q2 after "unexpected deceleration" in Q1.