The credit-card company posted better-than-expected adjusted earnings and revenue, fueled by a rise in cross-border transactions. Shares rose 3% after the open. ↗️ IBM (IBM): The company's adjusted ...
The closest is Dan Ives of Wedbush Securities with a $75 target; the lowest is $11, courtesy of RBC Capital Markets' Rishi Jaluria. Palantir stock, which jumped 6% on Friday, slid 5% on Monday.
Singh is not alone. RBC Capital Markets’ Rishi Jaluria has a starkly lower target price of $11 for Palantir. His valuation is based on an enterprise value-to-revenue multiple of seven times his ...