UK Ministry of Defence awards Palantir £75 million Enterprise Agreement

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Go back to UK Ministry of Defence awards Palantir £75 million Enterprise Agreement

Analyst downgrades Palantir (PLTR) stock to Underperform, sets a new Street-low PT

December 21, 2022 8:40 AM EST

Wolfe Research analyst Alex Zukin downgraded Palantir (NYSE: PLTR) to Underperform from Peer Perform as he continues to see more downside in the stock.

Zukin also lowered the Palantir price target to a new Street-low of $4.50 per share, signaling a downside potential of nearly 30%. The... More