$Palantir (PLTR.US)$ Wedbush analyst Dan Ives maintained his...
Wedbush analyst Dan Ives maintained his outperform rating on Palantir and a $35 stock price target.
Ives told investors in a research note that he was "laser-focused on the AI story playing out with (artificial-intelligence platform) leading the way, and Palantir delivered robust numbers on this front yet again."
The analyst said, "Any modest selloff post-print is a golden buying opportunity for this pure-play AI name."
"We continue to see increased momentum in the PLTR growth story with AIP leading the charge in generating significant demand across both commercial and government landscapes while well-positioned to gain a larger share of this $1 trillion opportunity taking place with AI use cases exploding globally," Ives said.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
670Followers
8Following
5281Visitors
Follow
MonkeyGee : it needs to come down a few more points before it can move up. 17.80
10baggerbammOP MonkeyGee: I think you're completely unrealistic yesterday we had an enormous disparity of sellers versus buyers with a very large group of individuals who were shorting the stock so if you are going to have further deterioration it would have happened yesterday but it reached a point of parity where the buyers match sellers. my crystal Ball's been in the repair shop for 35 years they keep promising me to get it back any day now that being said there's no absolutes in investing and you could be right if we were to experience a significant global event say a middle eastern event I ran Israel of a magnitude much greater then what we saw several weeks ago or Israel retaliation using a nuke. if we were to have an interest rate hike it's not happening but you have these idiot bobbleheads on TV that parrot with somebody else said if we were to have major tensions developed between China and the US of a magnitude that we have not seen well that will last one would actually probably benefit palantir I'm speaking out loud mind you. so there's probability an outcome in anything so it could happen what you're saying I think it's unrealistic to expect it and when people look for prices of points of entry that are significantly outside of recent price trends of the stock it lends to the fact that they're not a serious investor in my eyes you know for example I hear these bobbleheads on TV saying well I'd be interested in entering if we had a correction what the hell did we just go through for five weeks in the market some stocks were down 30 to 40% you know Google got down Amazon traded down a little meta got slammed at what point do you step up to the plate and buy that's the question and when people keep coming up with price targets that are so far outside of current market conditions to me they're full of shit and that's all I'll end it
MonkeyGee 10baggerbammOP: That is a hell of a response. [Laugh] [Clap] But unfortunately, the Algos don't care what people think.
10baggerbammOP MonkeyGee: just wait till the coffee kicks and you should see my responses then I've only been up since 4:00 a.m. eastern time
rennymc MonkeyGee: Do you know how far below the 100 day MA 17.80 is? Won’t be seeing that anytime soon. 21.60 is a steal and people should be gobbling this up!
10baggerbammOP rennymc: as you can clearly see the upward weekly trend is still heading higher
rennymc 10baggerbammOP: Oh, I know! I’m pro Palantir and am tired of these whiny people bitching about the price action. They’re in it to make a quick buck in a day and are butt hurt when a non meme stock introduces them to grown up trading.
MonkeyGee rennymc: ha..21.60 is not a steal. it's way overvalued at this point. you are paying Lamborghini price for a Ford. If there is a will, there is a way for the algo to take it down.
10baggerbammOP MonkeyGee: so let's do this short the stock post your trade confirmation put up or shut up make it real simple..
MonkeyGee rennymc: if you are not in it for a day, then why do you care what people say.
View more comments...