Palantir Stock Downgraded to Underperform by Analyst
Analyst Brent Thill from Jeffries has downgraded Palantir Technologies (PLTR) stock from “Hold” to “Underperform”, citing high valuation and slowing growth as major concerns. Here are three key points about the downgrade: 1. Overvalued: Thill believes Palantir’s stock price is overpriced, with a surge of 237.26% year-over-year since 2023 driven by strong partnerships and adoption … Read more