Palantir's stock racks up new bearish call on its ‘unsustainable' valuation
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Jefferies analyst issues a bearish call on Palantir, citing 'unsustainable' valuation and the potential risks of its large retail-investor base.
November 07, 2024 | 3:00 pm
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Jefferies analyst has issued a bearish call on Palantir, highlighting concerns over its 'unsustainable' valuation and the risks associated with its large retail-investor base.
The bearish call from a Jefferies analyst is likely to negatively impact Palantir's stock price in the short term. The analyst's concerns about the company's valuation being 'unsustainable' and the potential volatility due to its large retail-investor base could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100