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Wall Street analyst updates Palantir stock price target

A Wall Street analyst is projecting that Palantir (NASDAQ: PLTR) stock may see a minor pullback, citing concerns about the company’s elevated valuation.Gregg Moskowitz of Mizuho, in a note to investors on September 15, reiterated a ‘Neutral’ rating on Palantir while maintaining a price target of 165.Thissuggestsapotentialdownsideofabout3.8165. This suggests a potential downside of about 3.8% from the stock’s current level of 171.PLTR one-week stock price chart. Source: FinboldThe update comes after Moskowitz attended a recent product demo, where Pa ...