Reported about 22 hours ago
Palantir Technologies Inc. has gained significant attention on Wall Street following its recent billion-dollar contract with the Department of Defense for data fusion and target identification, in addition to a $795M U.S. Army contract. Wedbush analyst Dan Ives reiterated an 'Outperform' rating with a target price of $140, highlighting Palantir's strong position in the federal market for AI systems. While the company ranks 9th among AI stocks under scrutiny, analysts suggest that other AI stocks may offer greater potential for returns.
Source: YAHOO