Monness, Crespi, Hardt upgrades PLTR to buy

Monness, Crespi, Hardt just released their rating for PLTR. As of Apr 10th, 2022 Monness, Crespi, Hardt rates PLTR as a buy, compared to their previous rating of hold for PLTR. What stocks is Monness, Crespi, Hardt currently covering? To give you some perspective, Monness, Crespi, Hardt covers 24 companies. We can take a look at the overall rating distribution across these companies. Here is the rating breakdown for the 24 companies it currently covers: 17 Buys 7 Holds 0 Sells Here is the recent performance history when Monness, Crespi, Hardt initiates a Buy rating: In the last month, 58.82% of their Buys have performed well, with an average return of 432.81%. Current PLTR Analyst Ratings Here is the current analyst rating distribution for PLTR. In total there are 16 PLTR analyst ratings. 5 Buys 4 Holds 7 Sells Analyst Ratings have provided relatively strong indicators of future price movement, which is why they are used to determine a PLTR stock forecast. However, this shouldn't be the only factor when determining whether to invest in Palantir Technologies Inc., I would use Analyst Ratings as a datapoint along with other fundamental indicators and investment metrics. We have also seen the impact of Analyst Ratings on stock price, when it comes to upgrading or downgrading a stock.