Palantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries

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Palantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries

seekingalpha06-21

Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The ...

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Sorrie2u
·06-21
Lol another scamalyst trying to lower price to buy in. Cheapster
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Merdeka1981
·06-21
Short term wise, share prices are affected by emotions and nothing is rational. Let's see how this company fairs in the months to come.
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VtTeh
·06-21
Up or down, all in the mouth of the funds and the analysts...they wanna buy, they will yell "sell" or downgrade... They want to sell, they will say "buy" or upgrade... So use yr own judgement and do yr own research.
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- CHANWAWA:
  Right
  06-21
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ed0111
·06-21
To the moon
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Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PLTR a HOLD.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":319294960918568,"gmtCreate":1718981913610,"gmtModify":1718981917352,"author":{"id":"3557997848207595","authorId":"3557997848207595","name":"Sorrie2u","avatar":"https://community-static.tradeup.com/news/61cbe83d2927cba11b9b940c52c7e69e","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1},"htmlText":"Lol another scamalyst trying to lower price to buy in. Cheapster","listText":"Lol another scamalyst trying to lower price to buy in. Cheapster","text":"Lol another scamalyst trying to lower price to buy in. Cheapster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319294960918568","repostId":1152239297,"repostType":2,"repost":{"id":"1152239297","pubTimestamp":1718979206,"share":"https://www.laohu8.com/m/news/1152239297?lang=&edition=full","pubTime":"2024-06-21 22:13","market":"us","language":"en","title":"Palantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1152239297","media":"seekingalpha","summary":"$Palantir Technologies$ was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell 3% in premarket trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce , Workday  and others","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a> was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.</p><p style=\"text-align: left;\">Shares fell over 4% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78dc59acd8ffbb407a78ed9667db1905\" tg-width=\"780\" tg-height=\"616\"/></p><p style=\"text-align: left;\">The results from enterprise software companies that reported recently were &#34;largely downbeat,&#34; analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.</p><p style=\"text-align: left;\">And with the &#34;preeminent&#34; companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a &#34;revenue illusion&#34; this year, White said.</p><p style=\"text-align: left;\">Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an &#34;uninspiring&#34; outlook for the first quarter.</p><p style=\"text-align: left;\">Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha&#39;s quant system, which consistently beats the market, rates PLTR a HOLD.</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 Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-21 22:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain\">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/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1152239297","content_text":"Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a \"revenue illusion\" this year, White said.Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an \"uninspiring\" outlook for the first quarter.Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PLTR a HOLD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":319289912496264,"gmtCreate":1718980581535,"gmtModify":1718980586419,"author":{"id":"4102568791638160","authorId":"4102568791638160","name":"Merdeka1981","avatar":"https://community-static.tradeup.com/news/370fc16a4d1090b47fe92034808ebbdd","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Short term wise, share prices are affected by emotions and nothing is rational. Let's see how this company fairs in the months to come.","listText":"Short term wise, share prices are affected by emotions and nothing is rational. Let's see how this company fairs in the months to come.","text":"Short term wise, share prices are affected by emotions and nothing is rational. Let's see how this company fairs in the months to come.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319289912496264","repostId":1152239297,"repostType":2,"repost":{"id":"1152239297","pubTimestamp":1718979206,"share":"https://www.laohu8.com/m/news/1152239297?lang=&edition=full","pubTime":"2024-06-21 22:13","market":"us","language":"en","title":"Palantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1152239297","media":"seekingalpha","summary":"$Palantir Technologies$ was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell 3% in premarket trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce , Workday  and others","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a> was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.</p><p style=\"text-align: left;\">Shares fell over 4% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78dc59acd8ffbb407a78ed9667db1905\" tg-width=\"780\" tg-height=\"616\"/></p><p style=\"text-align: left;\">The results from enterprise software companies that reported recently were &#34;largely downbeat,&#34; analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.</p><p style=\"text-align: left;\">And with the &#34;preeminent&#34; companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a &#34;revenue illusion&#34; this year, White said.</p><p style=\"text-align: left;\">Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an &#34;uninspiring&#34; outlook for the first quarter.</p><p style=\"text-align: left;\">Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha&#39;s quant system, which consistently beats the market, rates PLTR a HOLD.</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 Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-21 22:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain\">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/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1152239297","content_text":"Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a \"revenue illusion\" this year, White said.Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an \"uninspiring\" outlook for the first quarter.Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PLTR a HOLD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":319285452243136,"gmtCreate":1718979732697,"gmtModify":1718979739190,"author":{"id":"3573088667185930","authorId":"3573088667185930","name":"VtTeh","avatar":"https://community-static.tradeup.com/news/246dfa9b7e33b6ca94842cf6ef76dd90","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Up or down, all in the mouth of the funds&nbsp; and the analysts...they wanna buy, they will yell \"sell\" or downgrade... They want to sell, they will say \"buy\" or upgrade... So use yr own judgement and do yr own research.&nbsp;","listText":"Up or down, all in the mouth of the funds&nbsp; and the analysts...they wanna buy, they will yell \"sell\" or downgrade... They want to sell, they will say \"buy\" or upgrade... So use yr own judgement and do yr own research.&nbsp;","text":"Up or down, all in the mouth of the funds and the analysts...they wanna buy, they will yell \"sell\" or downgrade... They want to sell, they will say \"buy\" or upgrade... So use yr own judgement and do yr own research.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/319285452243136","repostId":1152239297,"repostType":2,"repost":{"id":"1152239297","pubTimestamp":1718979206,"share":"https://www.laohu8.com/m/news/1152239297?lang=&edition=full","pubTime":"2024-06-21 22:13","market":"us","language":"en","title":"Palantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1152239297","media":"seekingalpha","summary":"$Palantir Technologies$ was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell 3% in premarket trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce , Workday  and others","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a> was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.</p><p style=\"text-align: left;\">Shares fell over 4% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78dc59acd8ffbb407a78ed9667db1905\" tg-width=\"780\" tg-height=\"616\"/></p><p style=\"text-align: left;\">The results from enterprise software companies that reported recently were &#34;largely downbeat,&#34; analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.</p><p style=\"text-align: left;\">And with the &#34;preeminent&#34; companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a &#34;revenue illusion&#34; this year, White said.</p><p style=\"text-align: left;\">Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an &#34;uninspiring&#34; outlook for the first quarter.</p><p style=\"text-align: left;\">Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha&#39;s quant system, which consistently beats the market, rates PLTR a HOLD.</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 Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-21 22:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain\">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/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1152239297","content_text":"Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a \"revenue illusion\" this year, White said.Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an \"uninspiring\" outlook for the first quarter.Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PLTR a HOLD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":319291825680456,"gmtCreate":1718981164191,"gmtModify":1718981170223,"authorId":3574224378611015,"author":{"id":3574224378611015,"authorId":3574224378611015,"name":"CHANWAWA","avatar":"https://static.tigerbbs.com/8a55a318d57589da339802c94a970399","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":319285452243136,"type":1,"supId":0,"prevId":0,"content":"Right","text":"Right","html":"Right"}],"langContent":"EN"},{"id":319265915805784,"gmtCreate":1718974854692,"gmtModify":1718975323746,"author":{"id":"4093233895817590","authorId":"4093233895817590","name":"ed0111","avatar":"https://community-static.tradeup.com/news/6375825f2aa4810b85e0536ef288500c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319265915805784","repostId":1152239297,"repostType":2,"repost":{"id":"1152239297","pubTimestamp":1718979206,"share":"https://www.laohu8.com/m/news/1152239297?lang=&edition=full","pubTime":"2024-06-21 22:13","market":"us","language":"en","title":"Palantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1152239297","media":"seekingalpha","summary":"$Palantir Technologies$ was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell 3% in premarket trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce , Workday  and others","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a> was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.</p><p style=\"text-align: left;\">Shares fell over 4% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78dc59acd8ffbb407a78ed9667db1905\" tg-width=\"780\" tg-height=\"616\"/></p><p style=\"text-align: left;\">The results from enterprise software companies that reported recently were &#34;largely downbeat,&#34; analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.</p><p style=\"text-align: left;\">And with the &#34;preeminent&#34; companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a &#34;revenue illusion&#34; this year, White said.</p><p style=\"text-align: left;\">Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an &#34;uninspiring&#34; outlook for the first quarter.</p><p style=\"text-align: left;\">Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha&#39;s quant system, which consistently beats the market, rates PLTR a HOLD.</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 Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Sinks over 4% as Monness, Crespi Downgrades on Enterprise Software Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-21 22:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain\">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/4117874-palantir-sinks-as-monness-crespi-downgrades-on-enterprise-software-worries?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1152239297","content_text":"Palantir Technologies was in focus on Friday as investment firm Monness, Crespi, Hardt downgraded the enterprise software maker, citing worries in the space.Shares fell over 4% in morning trading.The results from enterprise software companies that reported recently were \"largely downbeat,\" analyst Brian White said. White cut his rating on Palantir to Sell from Neutral and put a $20 price target on the stock.And with the \"preeminent\" companies in the space, such as Salesforce (CRM), Workday (WDAY) and others issuing disappointing outlooks, the supposed benefit from generative artificial intelligence for enterprise software has shown to be a \"revenue illusion\" this year, White said.Additionally, these challenges likely have more room to run, as evidenced by MongoDB (MDB) cutting its fiscal 2025 guidance and Oracle (ORCL) issuing an \"uninspiring\" outlook for the first quarter.Analysts are unanimously cautious on Palantir (PLTR). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PLTR a HOLD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":18,"commentSize":4,"repostSize":4,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}