Palantir (PLTR) Stock Today: Bull and Bear Case as Citi…
By Tobi Opeyemi Amure
AI summary of the source article
Palantir shares closed above $200 on Wednesday after Citi raised its price target to $250 with a Buy rating. The company confirmed its third-quarter earnings report will be released on Monday, November 2.
Key facts
- Palantir closed at $201.72 on October 21, up 4.74 percent, before trading down to $198.97 in premarket trading on October 22.
- Citi raised its price target on Palantir to $250 from $245 with a Buy rating ahead of third-quarter results.
- ARK Invest sold approximately $9.6 million of Palantir stock across three sessions, and company insiders sold $97.9 million over 90 days.
Source excerpt · FinanceFeeds
Updated 22 October 2026. Palantir (PLTR) closed at $201.72 on Wednesday 21 October, up $9.12 or 4.74 percent, its first close above $200 since the 16 October selloff, and was $198.97 in premarket trading at 09:04 ET on Thursday, down 1.36 percent (StockAnalysis). Wednesday's move came as Citi raised its target to $250 from $245 with a Buy rating in a Q3 preview and the AI trade returned on SpaceX'…