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Palantir (PLTR) Mentioned Negatively at Deutsche, 'we struggle to see clear line of sight to meaningful overall acceleration'

November 21, 2023 3:49 PM EST

Deutsche Bank analyst Brad Zelnick reiterated a Sell rating and $11.00 price target on Palantir Technologies Inc. (NYSE: PLTR).

The analyst comments "While widely expected, and after several delays, the contract is net positive for Palantir as it represents a major piece of new business and further expands its government work beyond its defense and intelligence heritage. That said, the announcement is likely viewed as a modest... More