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2 Popular Artificial Intelligence (AI) Stocks to Sell Before They Drop by as Much as 94%, According to Select Wall Street Analysts [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Both Tesla (NASDAQ: TSLA) and Palantir (NASDAQ: PLTR) have gotten off to rough starts this year, but some analysts think more pain could be in store for their shareholders. GLJ Research reiterated its sell rating on Tesla with a 12-month price target of $25.28 in late February. That implies a 94% downside from its current share price of about $409. RBC Capital's Rishi Jaluria reiterated his sell rating on Palantir with a price target of $50 ahead of its fourth-quarter earnings report. That implies a 63% downside from its current share price of about $135. While these analysts' bear cases might represent extreme outcomes, they point out key risks investors should consider. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Tesla: 94% implied downside Tesla's current stock price
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