Reported about 7 hours ago
Loop Capital has increased its price target for Palantir Technologies Inc. (NASDAQ:PLTR) from $130 to $155 while maintaining a 'Buy' rating. The firm's optimism stems from Palantir's leadership in enterprise AI and its impressive Q1 revenue growth, which saw a 55% year-over-year increase. Loop Capital highlights the expanding use cases for AI and Palantir’s significant market opportunities as key factors for its investment outlook.
Source: YAHOO