Monness, Crespi, Hardt Downgrades Palantir Technologies to Sell, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Monness, Crespi, Hardt analyst Brian White has downgraded Palantir Technologies (NYSE:PLTR) from Neutral to Sell and set a price target of $20.
June 21, 2024 | 2:23 pm
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NEGATIVE IMPACT
Monness, Crespi, Hardt analyst Brian White has downgraded Palantir Technologies from Neutral to Sell and set a price target of $20.
The downgrade from Neutral to Sell by a reputable analyst and the announcement of a $20 price target is likely to negatively impact Palantir's stock price in the short term. Investors may react to the bearish outlook and adjust their positions accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100