Palantir Technologies continued its blistering advance this week, clocking a fresh 52-week high after Deutsche Bank shifted its stance on the data-analytics company to Hold from Sell and doubled its price target to $160. The bank cited stronger-than-expected second-quarter results and rising demand for artificial-intelligence products. The stock is now up roughly 135% so far in 2025, making it one of the S&P 500’s best performers and nearly a 15-bagger over the past three years. The rally has pushed Palantir’s market value to about $409 billion—more than Coca-Cola, McDonald’s or Walt Disney—and its price-to-sales ratio to around 88, the highest in the benchmark index. CNBC host Jim Cramer added to the bullish tone, calling the shares “dramatically undervalued” and predicting they could reach $200, although analysts and investors continue to debate whether the valuation surge can be sustained.