Potential DOD budget cuts give Palantir ‘more opportunity,’ not less: Wedbush

Palantir Technologies headquarters campus exterior view in Silicon Valley. - Palo Alto, California, USA - 2019

Michael Vi

If the Department of Defense goes through with the type of budget cuts suggested by Defense Secretary Pete Hegseth’s leaked memo, it would give Palantir Technologies (NASDAQ:PLTR) “more opportunity,” not less, Wedbush Securities argued.

Shares of Palantir slid 3.5% in

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