Baird Maintains Outperform on Palantir, $200 Price Target
Baird analyst William Power reiterated an Outperform rating and $200.00 price target on Palantir (NASDAQ: PLTR).
“Yesterday we hosted investor meetings with management.
The conversations focused on strategic position, product and business model differentiation, competitive dynamics, political implications and more.
While investors have fretted over potential Anthropic/OpenAI competition, we remain positive on PLTR’s competitive differentiation.
Foundational models are just one piece of the puzzle, and Palantir’s ontological capabilities help customers extract more value from them; we believe PLTR continues to lead the way in harnessing the power of AI for customers.
With industry-leading growth/margins, PLTR remains one of our top ideas.”
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