Morgan Stanley warns that the US stock AI star Palantir will drop by 25%
Palantir's stock price rose 340% last year, with a market value of approximately $150 billion, solidifying its position as a top-tier company in the fields of artificial intelligence and data analytics.
Analyst Singh expressed skepticism about the company's valuation, stating that it was primarily built through multiple expansions rather than fundamental growth. Singh added, "Palantir has developed into a top partner for rapid AI implementation, but the company's trading level is far above its intrinsic value." Singh gave the stock a "reduce" rating and a target price of $60 per share.
$Palantir Tech(PLTR.US) Some AI stocks indeed have relatively large bubbles.
$NVIDIA(NVDA.US) Nvidia has no bubble.
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