BofA Securities Reiterates Buy on Palantir, $255 PT

BofA Securities analyst Mariana Perez Mora reiterated a Buy rating and $255 price target on Palantir (NASDAQ: PLTR).

“We view the strengthening Palantir (PLTR) results as a reflection of a successful AI strategy that focuses on providing the right infrastructure to maximize its customers’ results.

While FDEs and Ontologies are gaining popularity across software providers, Palantir’s secret sauce starts with their deep partnerships with customers and extends to how they price their solutions based on measurable outcomes and value generation.

In his letter to shareholders, Karp even referred to “Marxist overtones and undertones” to PLTR’s business practices when compared to the “token” consumption-based pricing model usually implemented by the frontier labs and other software companies.

We reiterate our Buy and $255 price objective.”

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.