Palantir Stock Could Plunge 40% Over the Next 12 Months, According to Wall Street. Are Analysts Right About This AI Stock?
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Palantir Technologies (PLTR) is highlighted as a stock that could potentially benefit from recent election results. However, Wall Street analysts predict that its stock could plunge by 40% over the next 12 months.
December 03, 2024 | 11:00 am
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Palantir Technologies is seen as a potential beneficiary of recent election results, but Wall Street analysts forecast a 40% decline in its stock price over the next year.
The article suggests that while Palantir could benefit from election results, the prevailing analyst sentiment is bearish, predicting a significant stock price decline. This mixed outlook could lead to short-term volatility.
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