Palantir Bull Says AI Platform Will Be Valuation Changer Heading Into 2025, Calls For Incremental 20% Upside For Stock

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The Palantir Thesis: Wedbush’s checks indicated that more enterprises are strategically discussing the potential deployment of Palantir’s proprietary artificial intelligence platform – the AIP, in 2025, said Ives.“With AI spending expected to ramp significantly within IT budgets in 2025, we believe the Messi of AI – Palantir is ...

The Palantir Analyst: In a note published late Wednesday, analyst Daniel Ives maintained an Outperform rating and lifted the price target for the stock from $38 to $45.

Palantir Technologies, Inc.(NYSE:PLTR) shares have been on a tear, thanks to the excitement ahead of the company’s S&P 500 inclusion and the broader market strength.

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Author / Journalist: Shanthi Rexaline

Category: Technology

Markets: United States

Topics: Analyst Ratings Expert Ideas Top Stories Analyst Color PLTR Artificial intelligence News Stories That Matter Benzinga Tech Reiteration Equities Price Target Daniel Ives

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 07:17:24 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 22718941

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