Palantir's Stock is Soaring—While Analysts Are Calling for a Slide
Palantir Technologies(PLTR) Investopedia·2024-11-06 01:40
Key TakeawaysPalantir's stock is surging after its latest results beat Street expectations.Analysts worry the company may be overvalued, with many maintaining sell or equivalent ratings despite a strong quarter. Deutsche Bank said the company benefits from “a more entrenched retail investor following relative to everything else we cover.” Palantir Technologies (PLTR) shares rocketed higher Tuesday after last night's earnings results comfortably beat expectations. Some analysts remain wary that the analytics ...