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Palantir (PLTR) downgraded at HSBC on 'rich' valuation

February 14, 2024 8:26 AM EST

Palantir (NYSE: PLTR) was cut to Hold from Buy at HSBC on Wednesday, with analyst Stephen Bersey maintaining a $22 per share price target on the stock, saying its valuation is full.

Bersey told investors in his research note that Palantirs latest guidance for... More