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Palantir Technologies (PLTR) continues to defy expectations, surging to a new all-time high on Friday despite Wall Street skepticism and a flurry of controversial moves by company insiders.
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Some on Wall Street are clearly skeptical, but Grandmaster-OBI, the retail trader known for his game-changing stock calls, isn’t one of them. Back on August 5th, 2024, OBI alerted his followers to PLTR at an entry price of $22.19. Fast forward to today, and Palantir hit an eye-popping $40.29 — a massive 81.5% gain in just two months! While analysts are nervously calling for a pullback, OBI’s new price target is $57 for October, arguing that Wall Street is missing the bigger AI picture
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