Shares of Palantir (PLTR) are trading higher on Monday after Argus Research initiated coverage on the stock. The software services company received a Buy rating along with a price target of $29, with Argus analysts citing artificial intelligence as a potential catalyst for continued growth. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
The latest investor updates on stocks that are trending on Tuesday
Palantir Technologies stock saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 88 to 91. Is Palantir Stock A Buy? The IBD 50 stock is trying to complete a consolidation with a 27.50 entry.