Palantir Technologies saw its stock tumble after an analyst downgraded the company's outlook for the near term. Keith Weiss from Morgan Stanley lowered his call on Palantir (PLTR) to Underweight from Equal Weight. However, he did raise his target for the stock price to $9 from $8. In a research note, Weiss expressed his concerns about the visibility and monetization of … [Read more...] about Palantir Technologies Stock Downgraded
Stock Downgrade
CrowdStrike Stock Faces Downgrade Ahead of Earnings
The cybersecurity stock of CrowdStrike Holdings witnessed a drop in value on Monday, following a downgrade by Morgan Stanley analyst Hamza Fodderwala. Fodderwala has adjusted his rating on CrowdStrike shares, lowering them from Overweight to Equal Weight. In addition, he revised his price target for the stock, reducing it from $178 to $167. Fodderwala cited a challenging demand … [Read more...] about CrowdStrike Stock Faces Downgrade Ahead of Earnings