DA Davidson Raises Palantir’s Price Target to $215

DA Davidson analyst Gil Luria raised the price target on Palantir to $215 (from $170) while maintaining a Neutral rating.

“Palantir reported another outstanding quarter with revenue growth accelerating further due to parabolic US demand for AI solutions.

Palantir remains well positioned to benefit from helping customers effectively deploy AI through its Ontology.

We continue to believe Palantir is the best story in all of software, and (as usual) only valuation leads us to maintain our NEUTRAL rating while raising our price target to $215.”

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