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Palantir Stock’s Pullback Is an ‘Opportunity,’ Says Bull - Barron's

1. PLTR can withstand planned government budget cuts, says Wedbush. 2. Shares gained 4.2% in premarket trading, currently $88.46. 3. PLTR stock declined 32% since record high on Feb 18. 4. Wedbush maintains Outperform rating with a $120 price target. 5. Analysts believe PLTR's software will capture more Pentagon IT budgets.

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FAQ

Why Bullish?

Despite recent declines, a price target increase and positive forecasts indicate recovery potential.

How important is it?

The article discusses key market opinions and factors influencing PLTR's future performance.

Why Long Term?

The anticipated need for PLTR's tech in federal contracts suggests steady growth.

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