Palantir's sharp stock drop just prompted one bear to abandon his stance
Core Viewpoint - The recent sharp selloff in Palantir Technologies Inc. shares has led to a change in sentiment from a former bear, resulting in an upgrade of the stock rating [1] Summary by Relevant Sections - Stock Performance - Palantir's stock experienced a decline of approximately 30% over the past three weeks [1] - Following this decline, the stock saw an increase of roughly 3% in premarket trading on Wednesday [1] - Analyst Action - Louie DiPalma from William Blair upgraded Palantir's stock rating from underperform to market perform on Wednesday [1]