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

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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.

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