Palantir price target raised to $188 from $141 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Palantir (PLTR) to $188 from $141 and keeps a Neutral rating on the shares. Palantir is one of only a handful of software companies that is clearly benefiting from AI deployments today, the analyst tells investors in a research note. While the firm continues to expect Palantir to capture meaningful share of customer AIP deployments, Goldman’s positive view is balanced by longer term ecosystem risks and premium valuation.