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Morgan Stanley sounds the alarm! Is Palantir, which leads in AI applications, not able to rise anymore?
Morgan Stanley questions the sustainability of Palantir's growth momentum, believing that Palantir's technological advantages have reached or are close to their peak at this stage. The growth prospects have also been fully reflected in the stock price, which holds a premium of 100% over its peers. Based on this, a "underweight" rating is given with a Target Price of $60 per share, indicating about a 25% downside from the current stock price.
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U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.
① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.
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