"Palantir Stock Slides as Analysts Downgrade Amid Valuation Concerns"
TL;DR Summary
Palantir Technologies' stock fell after an analyst downgraded it to Sell from Neutral and slashed the price target to $20, citing excessive valuation driven by the AI boom and anticipating challenging economic times ahead. Despite a positive long-term outlook, the analyst expressed concerns about the stock's current price levels and recommended a sell position.
- Palantir stock falls on downgrade, slashed price target Yahoo Finance
- Palantir Stock Downgraded To Sell Amid 'Unprecedented Generative AI Hype Cycle' Investor's Business Daily
- Palantir Stock Slips. The Valuation Is ‘Excessive,’ Analyst Says. Barron's
- Palantir (NYSE:PLTR) Dips Following Sell Call By Top Analyst - TipRanks.com TipRanks
- Palantir’s ‘egregiously rich valuation’ draws downgrade to sell MarketWatch
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