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Business

Analyst William Blair Urges Caution with Palantir Stock, Advises Against Getting Too Excited

Analyst firm William Blair has issued a cautionary note regarding the recent surge in Palantir Technologies Inc. (PLTR) stock. In a report released earlier this week, the firm warned investors not to get too excited about the company’s recent performance. Despite Palantir’s strong earnings results and growing list of high-profile clients, William Blair believes that the stock may be overvalued at its current levels.