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PLTR
benzinga.com
195 days

'Pharma Bro' Martin Shkreli Defends Palantir's Valuation Amid 24% Surge, Says AI Firm's Cash Flow Justifies 'Expensive' Price - Palantir Technologies (NASDAQ:PLTR)

1. Shkreli predicts Palantir's cash flow will reach $1.8 billion by 2025. 2. Palantir's stock surged 23.90% after strong earnings beating expectations. 3. Government revenue rose 45%, commercial revenue grew 64% year-over-year. 4. Bank of America and Morgan Stanley raised their PTs significantly. 5. CEO Karp emphasizes Palantir's pivotal position in the ongoing AI revolution.

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FAQ

Why Bullish?

Shkreli's optimistic cash flow projections may boost investor confidence, similar to past analyst upgrades.

How important is it?

Strong earnings and positive projections are likely to significantly impact PLTR's valuation.

Why Long Term?

Sustained revenue and cash flow growth suggest ongoing positive momentum for PLTR beyond immediate results.

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