Tag

Raymond James

All articles tagged with #raymond james

finance2 years ago

Palantir's Stock Performance: A Rollercoaster Ride.

Palantir Technologies' stock has been downgraded by Raymond James from a Strong Buy rating to an Outperform rating, citing valuation concerns. The company's shares have rallied more than 60% since its latest quarterly print and ascended to approximately a $12 billion market cap. Palantir's positioning in the artificial intelligence space has largely driven the stock's doubling since the start of the year. Despite the downgrade, Palantir still has some of the most compelling competitive advantages across Raymond James' coverage universe.

finance2 years ago

First Solar Stock Plummets After Analyst Downgrade

Citi downgraded First Solar to Sell/High Risk from Neutral and cut its price target to $194.00 from $220.00 ahead of its Q1 earnings announcement, citing increased scrutiny on the company's long-term outlook for margins and growth. Meanwhile, Wolfe Research downgraded C3.ai to Underperform from Peerperform with a price target of $14.00, and Truist Securities downgraded Regions Financial to Hold from Buy with a price target of $20.00. Raymond James downgraded Tandem Diabetes Care to Market Perform from Outperform, and Goldman Sachs downgraded Kingsoft Cloud to Sell from Neutral while raising its price target to $5.10 from $4.00.