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Wajeeh Khan

This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?

Palantir PLTR Rishi Jaluria RBC Capital

Palantir (PLTR) shares remain in focus today after a senior RBC Capital analyst issued a strongly bearish note on the artificial intelligence (AI)-enabled data analytics firm. 

In a research report released today, Rishi Jaluria maintained his “Underperform” rating on PLTR, with a $50 price target indicating potential downside of an alarming 70% from here. 

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