Palantir Slips 3% Following Ratings Downgrade from Mizuho

Seeking Alpha07-16

Palantir Technologies slipped nearly 3% in morning trading Tuesday after being downgraded to Underperform from Neutral by Mizuho Securities.Although Palantir has performed well in recent quarters, ...

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Tonykhoo
07-16
Tonykhoo
No brain analyst
shihou.hayashi
07-16
shihou.hayashi
Every time we have nice things some dumb fucking analyst comes and f it up

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href=https://seekingalpha.com/news/4124573-palantir-slips-pre-market-following-ratings-downgrade-from-mizuho><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies slipped nearly 3% in morning trading Tuesday after being downgraded to Underperform from Neutral by Mizuho Securities.Although Palantir has performed well in recent quarters, ...</p>\n\n<a href=\"https://seekingalpha.com/news/4124573-palantir-slips-pre-market-following-ratings-downgrade-from-mizuho\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLTR","symbol_name":"Palantir Technologies Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/4124573-palantir-slips-pre-market-following-ratings-downgrade-from-mizuho","article_id":"1162176667","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1162176667","pubTimestamp":1721136900,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Palantir Technologies slipped nearly 3% in morning trading Tuesday after being downgraded to Underperform from Neutral by Mizuho Securities.Although Palantir has performed well in recent quarters, Miz","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"translate_title":"瑞穗评级下调后Palantir股价下跌3%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":1.1},"content_text":"Palantir Technologies slipped nearly 3% in morning trading Tuesday after being 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analyst","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328123225444488","repostId":1162176667,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328117935337528,"gmtCreate":1721136977959,"gmtModify":1721137026216,"author":{"id":"4099388038790400","authorId":"4099388038790400","name":"shihou.hayashi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"4099388038790400","authorIdStr":"4099388038790400"},"htmlText":"Every time we have nice things some dumb fucking analyst comes and f&nbsp;it up","listText":"Every time we have nice things some dumb fucking analyst comes and f&nbsp;it up","text":"Every time we have nice things some dumb fucking analyst comes and f it up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328117935337528","repostId":1162176667,"repostType":2,"repost":{"id":"1162176667","kind":"news","pubTimestamp":1721136900,"share":"https://ttm.financial/m/news/1162176667?lang=&edition=fundamental","pubTime":"2024-07-16 21:35","market":"us","language":"en","title":"Palantir Slips 3% Following Ratings Downgrade from Mizuho","url":"https://stock-news.laohu8.com/highlight/detail?id=1162176667","media":"Seeking Alpha","summary":"Palantir Technologies slipped nearly 3% in morning trading Tuesday after being downgraded to Underperform from Neutral by Mizuho Securities.Although Palantir has performed well in recent quarters, Miz","content":"<html><head></head><body><p>Palantir Technologies slipped nearly 3% in morning trading Tuesday after being downgraded to Underperform from Neutral by Mizuho Securities.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f69bfd5e8314b7d2b924705c598f1307\" tg-width=\"874\" tg-height=\"622\"/></p><p style=\"text-align: left;\">Although Palantir has performed well in recent quarters, Mizuho analysts doubt whether the big data analytics software firm can maintain these results.</p><p style=\"text-align: left;\">&#34;But primarily, following the material 67% rise in the shares YTD, we find it increasingly difficult to justify PLTR&#39;s high multiple (21x CY25E revenue) that, in our view, likely already discounts significant acceleration versus our consensus expectations for 20-21% revenue growth,&#34; said Mizuho analysts led by Gregg Moskowitz, in a note.</p><p style=\"text-align: left;\">However, Mizuho slightly increased the price target on the Denver-based firm to $22 from $21.</p><p style=\"text-align: left;\">&#34;There are some exciting aspects of the PLTR story (megadeals, AIP), although this is offset by a lack of transparency and a likelihood of lumpy results going forward, in our view,&#34; Moskowitz added. &#34;Net, we have limited confidence in the company&#39;s ability to deliver consistently strong results and accelerating growth, which is needed to justify the premium valuation.&#34;</p><p style=\"text-align: left;\">Palantir has a Hold rating from Seeking Alpha analysts, Wall Street analysts and Seeking Alpha&#39;s Quant system, which routinely beats the market.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Slips 3% Following Ratings Downgrade from Mizuho</title>\n<style 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performed well in recent quarters, ...</p>\n\n<a href=\"https://seekingalpha.com/news/4124573-palantir-slips-pre-market-following-ratings-downgrade-from-mizuho\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/news/4124573-palantir-slips-pre-market-following-ratings-downgrade-from-mizuho","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1162176667","content_text":"Palantir Technologies slipped nearly 3% in morning trading Tuesday after being downgraded to Underperform from Neutral by Mizuho Securities.Although Palantir has performed well in recent quarters, Mizuho analysts doubt whether the big data analytics software firm can maintain these results.\"But primarily, following the material 67% rise in the shares YTD, we find it increasingly difficult to justify PLTR's high multiple (21x CY25E revenue) that, in our view, likely already discounts significant acceleration versus our consensus expectations for 20-21% revenue growth,\" said Mizuho analysts led by Gregg Moskowitz, in a note.However, Mizuho slightly increased the price target on the Denver-based firm to $22 from $21.\"There are some exciting aspects of the PLTR story (megadeals, AIP), although this is offset by a lack of transparency and a likelihood of lumpy results going forward, in our view,\" Moskowitz added. \"Net, we have limited confidence in the company's ability to deliver consistently strong results and accelerating growth, which is needed to justify the premium valuation.\"Palantir has a Hold rating from Seeking Alpha analysts, Wall Street analysts and Seeking Alpha's Quant system, which routinely beats the market.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":4,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1162176667"}