DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Analyst who correctly forecast Palantir's stock rally updates outlook https://t.co/gKX1GYTzsJ
$PLTR Brian White, analyst at Monness, Crespi, Hardt & Co., downgraded Palantir stock to sell from neutral. He set a price target of 20 on Palantir stock. Too high 🧽🙄
$PLTR Monness Crespi Hardt downgrades Palantir to sell from neutral Monness downgraded the stock mainly on valuation. “On the back of this unprecedented generative AI hype cycle, Palantir surged in 2023 and the stock’s upward trajectory has continued in 2024, leaving the company…
Palantir's stock $PLTR dropped nearly 20% as Monness Crespi Hardt downgraded it to sell from neutral, citing an 'egregiously rich valuation' with a price target of $20. Analyst Brian White also downgraded the stock, setting a $20 price target.
