RBC Capital says the $178.4M Army contact win announced by Palantir Technologies is likely already contemplated in the company’s outlook. As such, the firm questions the move higher in the shares today. RBC also believes this deal was initially expected in 2023. The analyst keeps an Underperform rating on Palantir with a $5 price target. The stock in afternoon trading is up 10% to $26.26.
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