DA Davidson raised the firm’s price target on Palantir (PLTR) to $215 from $170 and keeps a Neutral rating on the shares. The company reported another outstanding quarter with revenue growth accelerating further due to parabolic U.S. demand for AI solutions and remains well positioned to benefit from helping customers effectively deploy AI through its Ontology, the analyst tells investors in a research note. The firm maintains its view that Palantir is “the best story in all of software”.
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