PLTR is trading at $154.94, down 3.67% from Monday's close as geopolitical uncertainty involving Iran and the U.S. triggers a broad market reversal.
- Major indices are trading lower on March 24, 2026, with the Nasdaq dropping 0.75% and the S&P 500 falling 0.62% after Iranian officials denied de-escalation talks.
- The pullback reverses gains from the previous session when markets rallied on hopes of a military pause, overshadowing tech-specific momentum.
- Despite the macro-driven decline, Wedbush remains bullish, maintaining an Outperform rating and a $230 price target, suggesting a 45% potential upside.