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PLTR
Forbes
77 days

New Contracts To Drive Palantir Stock?

1. PLTR shares rose 7% after U.S. government expanded its adoption of Foundry. 2. Palantir has received over $113 million in federal contracts since Trump administration. 3. Company secured a $795 million contract from the Department of Defense. 4. PLTR stock appears overpriced compared to operational performance and metrics. 5. Risk of downturn impact on PLTR performance remains a concern.

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FAQ

Why Bullish?

The 7% stock increase indicates positive market sentiment driven by government contracts.

How important is it?

Recent government adoption and contracts enhance growth prospects but keep valuation concerns.

Why Short Term?

Recent contracts may boost prices temporarily, but high valuation poses volatility risks.

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