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Express News | Palantir Technologies Shares Down 2% Premarket After Mizuho Cuts to Underperform From Neutral
Express News | Palantir Technologies Inc : Mizuho Cuts to Underperform From Neutral; Raises Target Price to $22 From $21
Mizuho Securities Downgrades Palantir(PLTR.US) to Sell Rating, Raises Target Price to $22
Mizuho Securities analyst Gregg Moskowitz downgrades $Palantir(PLTR.US)$ to a sell rating, and adjusts the target price from $21 to $22.According to TipRanks data, the analyst has a success rate of 58
Palantir Technologies Cut to Underperform From Neutral by Mizuho
Palantir Technologies Cut to Underperform From Neutral by
Express News | Mizuho Downgrades Palantir Technologies to Underperform, Raises Price Target to $22
Palantir Technologies Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/16/2024 -21.37% Mizuho $21 → $22 Downgrades Neutral → Underperform 06/21/2024 -28.52% Monness, Crespi,
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EZ_money : pre market discount sale
powerful Otter_mwi : Mizuho Downgrades $PLTR to Underperform from Neutral, Raises PT to $22 from $21
Analyst Comments: "While Palantir has performed generally well in recent quarters, we remain concerned by the lack of visibility into its business. Some of the beats have been lower quality, and we have limited confidence in the company's ability to deliver consistently strong results.
"Primarily, following the significant 67% rise in shares year-to-date, it is increasingly difficult to justify Palantir's high multiple (21x CY25E revenue) that, in our view, likely already discounts significant acceleration versus our/consensus expectations for 20-21% revenue growth."
Analyst: Matthew Broome
powerful Otter_mwi : just buy the dip
KJs Picks : yeah sounds like bs 'powerful otter' :)
EZ_money powerful Otter_mwi: right before earnings perfect timing for them to start the![ox 🐂](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f402.png)
for cheap shares then earnings run