Wolfe Research analyst Alex Zukin raised the firm’s price target on Palantir Technologies to $14 from $11 and keeps an Underperform rating on the shares. The company reported Q4 results above top and bottom line guidance, while initial fiscal 2024 guidance was better than feared with U.S. Commercial growth of 40% in fiscal 2024, driven by continued AI Platform uptake, the analyst tells investors in a research note.
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