Reported 14 days ago
Analysts have made adjustments to their ratings for Palantir Technologies as its stock valuation surges. Despite recent significant growth and a positive earnings report, some investment firms, like Argus and Jefferies, have downgraded their ratings due to concerns over the company's inflated valuation compared to its fundamentals. Conversely, other analysts, inspired by Palantir's performance, have increased their price targets for the stock, indicating mixed sentiments about its future outlook.
Source: YAHOO