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Monness, Crespi, Hardt Downgrades Palantir Technologies Inc. (PLTR) to Sell, 'A Nuclear Winter Engulfs the Software Complex'

June 21, 2024 7:39 AM EDT

Monness, Crespi, Hardt analyst Brian White downgraded Palantir Technologies Inc. (NYSE: PLTR) from Neutral to Sell with a price target of $20.00.

The analyst comments "A Nuclear Winter Engulfs the Software Complex. This has proven to be one of the more precarious earnings seasons for enterprise software and we believe these challenges may... More