welcome
Investor's Business Daily

Investor's Business Daily

Business

Business & Economics

Palantir Wins Upgrade To 'Market Perform' From Bearish Analyst

Investor's Business Daily
Summary
Nutrition label

85% Informative

Palantir Technologies ( PLTR ) on Wednesday won an upgrade to market perform rating from a longtime bearish analyst.

William Blair analyst Louie DiPalma cited its lower valuation amid a recent pull back from the stock market.

Palanir stock hit its all-time intraday high of 125.41 on Feb. 19 and closed at 112.06 that day; shares have retreated over 30% .