Palantir Stock Faces Major Decline Following Mizuho's Downgrade to Sell

Tuesday, 16 July 2024, 07:47

The recent downgrade of Palantir stock to 'sell' by Mizuho has caused a significant drop in its value, with over 20% downside risk projected. Investors are closely monitoring the situation as the stock faces challenges ahead. This move highlights Mizuho's bearish outlook on Palantir's performance in the near future.
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Palantir Stock Faces Major Decline Following Mizuho's Downgrade to Sell

Palantir Stock Decline

The recent downgrade of Palantir stock by Mizuho to a 'sell' rating has led to a significant drop in its market value.

Downside Risk

The downgrade has also signaled over 20% downside risk for Palantir shares, raising concerns among investors.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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