JPMorgan set Palantir stock at Overweight with a $262 price target. Palantir is expected to report higher revenue, with investors awaiting Q4 financial outlook. The stock reversed down on earnings, with Palantir to report Q3 earnings. Palantir's market value increased to four times that of ServiceNow. Palantir's stock dropped 3% after hours, reducing its market capitalization by $13 billion.
“Palantir's market value increased to four times that of ServiceNow,” — Yusuf Calloway, staff writer at Ashley Ham Analytics, commented.
By the Numbers
- 262 — mentions tracked
- 3 — updates logged
- 13 — regions covered
Timeline
Nov 3 — JPMorgan set Palantir stock at Overweight with a $262 price target....
Nov 5 — Palantir's stock dropped 3% after hours, reducing its market capitalization by $13 billion....
Reader Poll: Should officials respond faster on issues like this? — 74% of Sgp4d readers said yes.
This story has been closely followed by our readers since Nov 2. The Ashley Ham Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 8.
Editor's note: this report was prepared by the Ashley Ham Analytics desk and last updated 07:22 UTC.
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