Reported 8 months ago
Argus Research has started covering Palantir Technologies (PLTR) with a Buy rating and a price target of $29. The analysts highlighted the potential of artificial intelligence as a driver for Palantir's future growth, especially in the commercial sector. They also mentioned the significance of AI technology in defense, consistent with Palantir's focus on defense and intelligence customers. With a strong performance so far this year, Palantir's stock is showing promise for further gains.
Source: YAHOO