Palantir (NYSE: PLTR), an AI-powered Software-as-a-Service (SaaS) provider that allows companies and government agencies to gather and analyze reams of data, is evincing a surprisingly consistent view on Wall Street these days, one that waxes lyrical about the company's core business strength but elicits substantial teeth gnashing on the stock's stratospheric valuation. Today, Morgan Stanley has chosen to expound on its views on Palantir, detailing critical insights in the process. MORGAN STANLEY ASSUMES COVERAGE ON $PLTR WITH UNDERWEIGHT RATING, SETS PT AT $60 Analyst comments: "The inflection in growth and our positively revised assessment of Palantir's positioning in the Generative […]
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