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Palantir Technologies ($PLTR) experiences fluctuations in stock price after being upgraded by Starlab Space for AI-driven space solutions. However, the stock faces a downgrade to 'Sell' by Monness Crespi & Hardt, with a price target of $20, due to challenges in the enterprise software sector and high valuation.
Palantir Technologies $PLTR experienced a 5% drop after being downgraded to 'Sell' from 'Neutral' by Monness Crespi & Hardt, with a price target set at $20. The downgrade was attributed to a challenging earnings season for enterprise software and a very high valuation... https://t.co/cj8Yapcd1r
$PLTR Palantir downgrade by Monness today for $20. The note is below, I just don't think there was any substance below. The analyst says a nuclear winter for SaaS is coming, but gives no reasons for why this will aggressively draw down current valuations or why it uniquely will… https://t.co/nyGurvZTLA
𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗶𝗻𝗴 𝗦𝘁𝗼𝗿𝘆: Palantir $PLTR receives an analyst downgrade and shares are down this morning 📉 @RenitaDYoung breaks it down with @DianeKingHall:
