Palantir has this rare distinction as Morgan Stanley says stock price is too high
Portfolio Pulse from
Morgan Stanley has assigned a new analyst to cover Palantir Technologies, a company known for its involvement in artificial intelligence. The firm has expressed a bearish outlook on Palantir's stock, suggesting that the current stock price is too high.
January 06, 2025 | 9:45 am
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Morgan Stanley has initiated coverage on Palantir Technologies with a bearish outlook, indicating that the stock price is currently too high.
Morgan Stanley's initiation of coverage with a bearish outlook suggests that they believe Palantir's stock is overvalued. This could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
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IMPORTANCE 80
RELEVANCE 100