Markets

Palantir will surge 31% as Wall Street realises potential for breakneck profit growth, Morgan Stanley says

Investors aren’t seeing the bigger picture regarding Palantir’s discounted valuation, Morgan Stanley analysts said Monday. The bank initiated an “overweight” rating on Palantir’s shares in a note to clients. The analysts’ $US13-per-share price target implies a 31% rally from Monday’s close over the next 12 months. Palantir closed Monday just […]
Palantir will surge 31% as Wall Street realises potential for breakneck profit growth, Morgan Stanley says