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 ...
Morgan Stanley initiated coverage of Palantir Technologies Inc. (NYSE:PLTR) with an underweight rating and $60 price target ...
Currently, no analysts following Palantir have set a target price above its recent close of $79.89, according to FactSet data ...
Shares of Palantir (PLTR) dropped more than 5% on Monday as the stock reacted to a new rating from Wall Street. Analysts from ...
The sale comes as a Morgan Stanley analyst cautioned that Palantir is “trading too far ahead” of its intrinsic value as it ...
U.S. stock futures edge lower after a tech selloff yesterday, investors prepare for a halt to trading tomorrow for the ...
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 ...
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