Palantir Granted FedRAMP High Baseline Authorization
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William Blair Reiterates Underperform Rating on Palantir Technologies Inc. (PLTR)
December 4, 2024 8:12 AM ESTWilliam Blair analyst Louie DiPalma reiterated an Underperform rating and {REMOVEPT} price target on Palantir Technologies Inc. (NASDAQ: PLTR)
The analyst comments "While Palantirs software has gained traction, the companys revenue is still tracking to miss managements 2025 revenue target of $4.5 billion conveyed in August 2022 by over $700 million. Despite this shortfall, Palantir is now worth $30 billion more than the combined value of its AI data platform peers Snowflake (SNOW $175.94; Outperform) and Databricks, and they are both also doing quite well. Snowflake recently traded up 30% following its earnings print after reiterating its $3.6 billion... More
Palantir (PLTR) Climbs 5%
December 3, 2024 9:44 AM ESTPalantir (NASDAQ: PLTR) Climbs 5%
Earlier: Palantir Technologies Inc. (NASDAQ: PLTR) today announced that it has been granted FedRAMP High Authorization for Palantir Federal Cloud Service (PFCS) and Palantir Federal Cloud Service - Supporting Services (PFCS-SS). These authorizations... More