Market News / Story
Barclays Makes Major Call on SpaceX, Palantir Stocks
GuruFocus ·
GuruFocus reports: Barclays is turning bullish on two of the market's highest-profile technology names, initiating SpaceX and Palantir Technologies at Overweight as the bank points to unusually strong competitive advantages, growth and profitability. Analyst Anthony Valentini set a $254 price target on SpaceX and a $265 target on Palantir , arguing that both companies have business models capable of sustaining growth that is difficult for rivals to match. SPCX and PLTR have deep competitive…