Analysts Stay Cautious on Palantir Technologies (PLTR) Despite Expansion Plans

Palantir Technologies Inc. (NASDAQ:PLTR) is among the top 10 stocks to buy from Cathie Wood’s stock portfolio. ARK Investment held around $736 million of Palantir stock at third-quarter-end, representing about 4.4% of its disclosed portfolio. Its stake, measured in terms of the number of shares, has only marginally decreased to 4.04 million from 4.08 million at the end of Q2. As of market close on November 27, analysts hold a cautious outlook on Palantir Technologies Inc. (NASDAQ:PLTR), with nearly 80% o ...