Yes, it does. It also changes as time goes on. It changes depending on your environment and level of relaxation. It changes if you have a couple drinks in you. Subtle taste is highly subjective and easily affected by small things.

As a side note, I hate to be a grammar cop, but I notice that mixing up the words palate and palette is a quite common error. Palette is the range of artists colors. Palate refers to taste. Hopefully, I don't offend in pointing this out.