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The Marked Chart Wire · Business
Palantir
Rosenblatt reiterated its buy rating on Palantir, setting a $260 price target that implies 46 percent upside. The firm cited strong third-quarter revenue growth of 96 percent and rising operating leverage, while noting concerns about slower contract value expansion.
Part of a series: Palantir earnings beat estimates after analyst upgrades
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Palantir
Palantir posted $2.3 billion in sales for the third quarter, marking a 96 percent jump from the prior-year period.
Palantir
Palantir Technologies reported third-quarter revenue of $2.31 billion, above the $2.17 billion estimate, with net income of $1.13 billion. The company also raised its full-year revenue guidance to $8.53 billion from $8.21 billion.
Palantir
Palantir reports third-quarter results on Monday, with analysts expecting earnings of 41 cents per share and revenue of $2.18 billion. Shares fell 6.3 percent as forecasters adjusted their views ahead of the release.
Palantir
Palantir reported that U.S. commercial revenue rose 149 percent last quarter as both government and commercial divisions continue to expand.
Meta
The social media giant is looking to raise 15 billion dollars through a new issuance of bonds denominated in US currency.
Meta
The rating agency placed an Aa3 score on a recent senior unsecured bond issue from the social media giant.
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