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Amit Kukreja, identified as a stock market analyst, described concerns about Palantir's total contract value as unfounded and characterized bearish positions as increasingly desperate.
He noted that every analyst on the street has increased their price targets, which is unusual during a period when the stock is moving against their previously bullish outlook.
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Kukreja previously analyzed Ondas stock, noting that dilution was a major concern despite increased interest in the $1.5 trillion U.S. defense budget. He has also reported on significant portfolio changes by market participants, including Brad Gerstner's sale of all CoreWeave holdings. These earlier reports reflect Kukreja's ongoing coverage of notable developments in the equities market.