Reported 21 days ago
Palantir Technologies' shares experienced a spike in after-hours trading following the company’s strong quarterly results. Analyst Malik Ahmed Khan from Morningstar praised the company’s performance but maintained a Sell rating on the stock, expressing concerns about its valuation compared to future growth expectations. He acknowledged Palantir’s solid position in the AI space but emphasized the need for cautious assessment of its margins and growth outlook over the next five to ten years.
Source: YAHOO