Rosenblatt Initiates Coverage on Palantir at Buy

Rosenblatt analyst John McPeake initiated coverage on Palantir (NASDAQ: PLTR) with a Buy rating and a price target of $150.00.

“We are initiating coverage of Palantir with a Buy rating and $150 price target.

We think this market-disrupting, uniquely positioned AI software leader has a sustainable growth trajectory, good margin leverage, and an attractive entry point after a 33% decline from its high in October.”

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