Reported 25 days ago
Bank of America analysts argue that despite retail investors' interest, Wall Street fundamentally misjudges Palantir Technologies. They compare it to historical overestimations of technology adoption, highlighting a similar misunderstanding of Palantir's capabilities and sales strategies. Following Palantir's upcoming inclusion in the S&P 500, BofA has reiterated a buy rating, increasing its price target significantly, indicating strong growth potential as the company continues expanding its presence in both public and private sectors.
Source: YAHOO