Palantir Stock Rises. Why a Longtime Bear Upgraded the Stock. - Barron's
1. Palantir's stock upgraded to Market Perform by William Blair's DiPalma. 2. Analyst softens view after 30% decline due to defense spending cuts. 3. High valuation remains a concern, with downside risks identified. 4. AI market exuberance may preserve Palantir's premium valuation. 5. Valuation multiples compared unfavorably to other software firms.