Analysts are expressing concerns about the valuation of Palantir Technologies Inc. ($PLTR), indicating that the stock is overvalued despite its current trading price in the high $60s. A report highlights that Wall Street holds 7 sell ratings for Palantir, with only 2 buy ratings and 8 hold ratings. Equity analysts have pointed out that Palantir's valuation, estimated at around 60 times sales, is approaching an 'absurd' level. The sentiment among analysts suggests that while Palantir is considered a strong company, it may not be a worthwhile investment at its current price due to the high valuation metrics.