Citi analyst Tyler Radke keeps a Sell rating on Palantir Technologies with a $10 price target, saying the company reported “underwhelming growth” in Q2. Palantir’s results were mixed with revenue in-line with consensus but below Citi’s expectations, which assumed accelerated revenue recognition from SPAC bankruptcies, the analyst tells investors in a research note. The firm expects the stock to trade down on the report.
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