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Palantir price target raised to $205 from $155 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Palantir (PLTR) to $205 from $155 and keeps an Equal Weight rating on the shares. Palantir accelerated growth for the ninth quarter in a row to 63%, the analyst noted following earnings. Momentum looks poised to continue with Q4 guidance calling for 61% growth on the back of “monumental bookings” in Q3, the analyst added.

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