5 big analyst AI moves: Palantir downgraded, Micron PT hiked ahead of earnings

) remains “the best way to play AI in our coverage,” Truist Securities analysts said in a note released this week.

They assert that the first-mover advantage with enterprise AI applications will be durable due to the significant consideration being given to architecture and governance decisions. While Monnes believes that Palantir remains well-positioned to benefit from the AI trend and volatile geopolitics in the long term, the firm notes that the stock’s current valuation has reached extreme levels.

“While we are increasingly convinced that Apple will be an AI beneficiary, we see risk that the benefits could take longer to materialize than some bulls appear to believe,” the analysts cautioned.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Which Stock Is the Better Buy Ahead of Earnings?Stocks Analysis by Investing.com (Damian Nowiszewski) covering: FedEx Corporation, Micron Technology Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Market-Wide Options Expiry, Decreasing Gamma Threaten Stocks at Overbought LevelsStocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Micron Technology Inc, Western Digital Corporation. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »