Analysts remain bullish on Palantir and Meta, projecting double-digit upside despite June divestments from accounts linked to President Trump.
Despite recent divestments from brokerage accounts linked to President Trump, Wall Street analysts maintain a bullish outlook on Palantir and Meta Platforms. Both companies show strong growth potential, with analysts projecting 20% and 21% upside respectively, as investors look past short-term legal and valuation concerns.
The accounts are managed by third-party financial institutions, meaning the trades were executed by professional managers rather than the President himself.
Analysts suggest investors look past the $18 billion settlement noise, focusing instead on the company's 20% annual earnings growth trajectory and AI agent potential.