182474008
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Analysts downgraded data analysis software manufacturer Palantia Technologies (PLTR) on Thursday. Palantia shares fell steadily.
Brian White, an analyst at Moness Crespi Hart & CompanyPalantia shares were downgraded from neutral to selling. The target share price is $20.
In his report, he said, “Against the backdrop of an unprecedented generative AI hype cycle, Palantia skyrocketed in 2023, and the upward trend in stock prices continues in 2024. The company is surprisingly overrated.”
Palantia shares to rise 43% in 2024
On Thursday's stock market, PLTR shares fell 6.1% and closed at 23.01. As of the end of the market on Wednesday, Palantia shares had risen nearly 43% in 2024. However, the stock price has retreated from the high price of 27.50 hit on March 7.
Established in 2003, Palantia has already unearthed AI opportunities along with government clients for intelligence gathering, counterterrorism, and military purposes. And now, Palantia is using generative AI to spur growth in the commercial market...
Brian White, an analyst at Moness Crespi Hart & CompanyPalantia shares were downgraded from neutral to selling. The target share price is $20.
In his report, he said, “Against the backdrop of an unprecedented generative AI hype cycle, Palantia skyrocketed in 2023, and the upward trend in stock prices continues in 2024. The company is surprisingly overrated.”
Palantia shares to rise 43% in 2024
On Thursday's stock market, PLTR shares fell 6.1% and closed at 23.01. As of the end of the market on Wednesday, Palantia shares had risen nearly 43% in 2024. However, the stock price has retreated from the high price of 27.50 hit on March 7.
Established in 2003, Palantia has already unearthed AI opportunities along with government clients for intelligence gathering, counterterrorism, and military purposes. And now, Palantia is using generative AI to spur growth in the commercial market...
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It's a scum stock that can't be helped 🥸
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182474008
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$Palantir(PLTR.US$
Wow, even though the financial results are good, it's down due to short sales at institutions. It's no use just predicting stock prices from random walks... because short sales always act as a detonator and raise stock prices...
Short-term locust speculators sell out, and it's a bargain sale where smart long-term investors buy more. When it was configured for the S&P 500, I would buy more to laugh ‼️ Tesla also dropped from $20 and was called Owakon, but it was adopted by the S&P 500 and went up to 400 dollars.
It reminds me of that time.
Wow, even though the financial results are good, it's down due to short sales at institutions. It's no use just predicting stock prices from random walks... because short sales always act as a detonator and raise stock prices...
Short-term locust speculators sell out, and it's a bargain sale where smart long-term investors buy more. When it was configured for the S&P 500, I would buy more to laugh ‼️ Tesla also dropped from $20 and was called Owakon, but it was adopted by the S&P 500 and went up to 400 dollars.
It reminds me of that time.
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182474008
Set a live reminder
Palantir Q1 2024 earnings conference call is scheduled for May 6 at 5:00 PM ET /May 7 at 5:00 AM SGT /May 7 at7: 00AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Palantir's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presentation is for information and educational use only and is not a...
Beat or Miss?
What do you expect from Palantir's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presentation is for information and educational use only and is not a...
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182474008 : Will definitely go up to 150
Don't be fooled by incompetent analysts' mouths
They are not selling