Quick Read Palantir (PLTR) has surged over 17% amid Middle East tensions, with CEO Alex Karp highlighting the company’s AI-powered defense technology advantage, but the stock’s 240x trailing P/E and 86x price-to-sales multiples are considered excessive even by growth stock standards. The recent rally appears to have priced in potential government contract wins from escalating geopolitical tensions, while prominent bears like Michael Burry (fair value $46) and Jefferies analyst Brent Thill ($70 target) ...