DA Davidson analyst Gil Luria raised the firm’s price target on Palantir to $28 from $24 and keeps a Neutral rating on the shares. Palantir’s reported a strong beat and raise quarter as revenue growth accelerated due to persistent demand for AI solutions, the analyst tells investors in a research note. Key metrics mostly trended positively with net new U.S. commercial customer additions in the quarter at 33, above historical norms but slightly lower than the 41 last quarter, the firm says.
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