Retail investors have been enamored with Palantir stock since it went public in September 2020. Palantir leadership has eschewed the traditional ways of Wall Street and has embraced its retail investor base. “It’s not cookie-cutter Wall Street, but Palantir’s changing the technology space, and retail understood that,” Dan Ives told BI. For Katherine H., a…
Wedbush analyst Daniel Ives raised his Palantir Technologies (NASDAQ:PLTR) price target to $120 from $90, maintaining a Buy rating. Ives, who called Palantir the “Messi of AI”, sees the company reaching a $1 trillion market cap within five years, driven by its AI platform. The new target reflects more than a 14% upside from current…
(Reuters) – Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the artificial intelligence boom was fueling demand for its services. The company is among the biggest stock market winners of the generative AI boom, with its shares more…