05Jan

Analyst: Don't Buy The Hype On Palantir's AI Advantage

<p><strong>Palantir Technologies Inc (NYSE:PLTR)&nbsp;</strong>is 1.8% lower to trade at $15.86 this morning, after Jefferies downgraded the stock to "underperform" from "hold." The Wall Street analyst said the company's near-term&nbsp;<strong><a href="https://www.schaeffersresearch.com/content/news/2023/08/31/analyst-is-palantir-stock-the-right-ai-play" target="_blank">artificial intelligence (AI)</a></strong> lead is overhyped, and PLTR's resulting surge on the charts puts it at "unsustainable valuation levels."</p> <p>Options...

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