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DA Davidson upgrades Palantir (PLTR); what to watch in the June jobs report and potential market implications for interest rates, inflation and tech stocks.
Editorial companion
DA Davidson upgraded Palantir on a Schwab Network Morning Minute while Jenny Horne also previewed the June jobs report that will steer Federal Reserve policy. The upgrade matters because Palantir has been compounding revenue and profit quickly, yet the stock's short-term price action is softer, so an analyst upgrade may not instantly translate into a sustained rally. For disciplined investors the clip crystallizes the tension between durable fundamentals and macro-driven momentum.
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