Samlunch
07-08
$Palantir Technologies Inc.(PLTR)$  


Okay so Citi Analyst Tyler Radke just issued a Neutral rating on Palantir $PLTR, maintaining a $25 Price Target.

Core points from his note:

- AIP Go-To-Market seems to be accelerating dramatically with more bootcamps, indicating US Commercial is growing well

- Although AIP’s GTM is strong, Citi is unconvinced that the monetization is ramping up at the same rate

- Doubtful on massive government growth even with the latest gov contracts

- Moved from a “Sell” rating to Neutral, but believes the stock's valuation, trading at approximately 24 times next twelve months (NTM) enterprise value to sales (EV/Sales), makes it difficult for Citi to identify positive near-term catalysts

Even with the Neutral rating, $PLTR Palantir is up 3% in the premarkets at $28


Palantir 52-Week-High: Next Target is $30?
Palantir reached a 52-week high on Monday, hitting $29.3. Among AI players, Palantir Technologies has emerged as a standout leader. Plus, its founder Peter Thiel is a strong supporter for J.D. Vance and Trump. --------- Is $30 the next target? Are you optimistic about Palantir's prospects?
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Comments

  • AfraSimon
    07-08
    AfraSimon
    Nice call, Tyler! [Like]
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