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PLTR Jun 2024 25.000 call
- Yahoo Finance Video
What next for gas prices, how the S&P 500 can reach 6,000: Market Domination
It was a quiet Friday on Wall Street, with the three major indexes (^DJI,^GSPC, ^IXIC) closing relatively flat. On the latest episode of Market Domination, Evercore ISI's Julien Emmanuel explains why he raised his year-end price target for the S&P 500 to 6,000. RBC Capital Markets US Economist Michael Reid discussed what's next for the Federal Reserve, including why he thinks the economy is in for a period of "normalization." In the latest edition of Good Buy or Goodbye, Washington Crossing Advisors Senior Portfolio Manager Chad Morganlander explains why he is buying Tractor Supply (TSCO) but skipping Macy's (M). GasBuddy's Patrick DeHaan talks about what to expect for gas prices going into the Fourth of July travel period. Yahoo Finance's Julie Hyman and Jared Blikre also recap the latest news on Sarepta Therapeutics (SRPT), Palantir (PLTR), Smith & Wesson Brands (SWBI), and McDonald's (MCD). For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Palantir's stock falls on downgrade to Sell
Shares of tech company Palantir (PLTR) fell sharply after receiving a downgrade from to Sell from Neutral at Monness Crespi Hardt. It's partly a valuation call from analysts, who argue they "believe the market will increasingly shun software stocks with excessive valuations." The firm has a $20 price target on Palantir shares. In the video above, Yahoo Finance's Jared Blikre and Julie Hyman discuss the call and take a look at Palantir's chart. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
- Barrons.com
Palantir Stock Has ‘Gluttonous’ Valuation. This Analyst Says Sell.
Monness, Crespi, Hardt & Co. analyst Brian White downgrades shares of the data-analytics software company to Sell from Neutral with a $20 price target.
