Palantir Stock Upgraded by Former Longtime Bear. What Changed His Mind. - Barron's
1. Analyst upgrades Palantir from Underperform to Market Perform. 2. Palantir stock dropped over 30% due to defense spending concerns. 3. Valuation remains high, but AI enthusiasm may support stock prices. 4. DiPalma highlights risks of contract delays impacting valuation. 5. Palantir's software may assist in government cost-cutting initiatives.