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Palantir Technologies reported strong Q2 earnings, but faces mixed ratings and significant insider selling.
Royal Bank of Canada raised Palantir Technologies' price target to $45 while keeping an underperform rating.
Despite this, Goldman Sachs and others increased their targets, with Goldman's now at $141.
Palantir reported Q2 revenue of $1 billion, up 48% year-over-year, and EPS of $0.16, surpassing estimates.
The stock, with a $429.98 billion market cap, has an average "Hold" rating and a consensus price target of $136.61.
Insiders have recently sold $196 million worth of shares.
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Palantir Technologies reportó fuertes ganancias del segundo trimestre, pero enfrenta calificaciones mixtas y una importante venta de información privilegiada.