Palantir Downgraded by Morgan Stanley: Is the 2024 Rally Losing Steam?
On Monday, Palantir Technologies ( NASDAQ:PLTR) got an Underweight rating from Morgan Stanley; analysts are worried about its value given the massive gains in 2024. The company's $60 price estimate for the stock reflects little upside potential.
Analysts update Palantir (PLTR) stock price target
On December 6, Sanjit Singh, a Morgan Stanley (NYSE: MS) enterprise software equity analyst, gave Palantir stock an ‘Underweight’ rating, with a $60 price target. If met, his forecast would equate to a 24.78% downside from the current price of a Palantir share.
Palantir Technologies (PLTR) stock is retreating for a second straight day today, with the shares sinking 6% this afternoon.
Palantir (NASDAQ:PLTR) was given an Underweight rating at Morgan Stanley on Monday, as the firm sees a negative risk-reward ...
Shares of Palantir (PLTR) dropped more than 5% on Monday as the stock reacted to a new rating from Wall Street. Analysts from ...
Palantir (PLTR) stock is sinking 6% today after Morgan Stanley analyst Sanjit Singh assumed coverage of the shares with an ...
Currently, no analysts following Palantir have set a target price above its recent close of $79.89, according to FactSet data ...
Palantir Technologies (NASDAQ:PLTR – Get Free Report)‘s stock had its “underweight” rating reaffirmed by investment analysts ...
Morgan Stanley analyst Sanjit Singh maintained a Sell rating on Palantir Technologies (PLTR – Research Report) today and set a price target of ...
The sale comes as a Morgan Stanley analyst cautioned that Palantir is “trading too far ahead” of its intrinsic value as it ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback