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Strategies & Market Trends : Young and Older Folk Portfolio
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From: chowder10/7/2025 2:20:28 PM
1 Recommendation

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Here we go!

Upgrades ...

Palantir Technologies (NASDAQ: PLTR): Upgrade Hold to Buy by Tech Stock Pros. Despite a 7.5% drop following reports of “fundamental security” problems in a U.S. Army battlefield communications project, analysts believe the impact will be limited since Palantir was a subcontractor rather than the lead on the project.

  • “The bottom line, however, is that Palantir was the subcontractor, rather than the lead on this project, while Anduril was the lead. We think the worst-case scenario here is a reputation hit… No tech stock grows in a straight line, and the pullback we got on Palantir last Friday is a healthy reset that we believe should be bought up. We see upside for Palantir through the year’s end and, hence, are upgrading the stock back to a buy.”
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