Palantir Technologies ($PLTR) closed up 9.87% to $26.16, hitting a 52-week high. The company secured a new $178 million U.S. Army contract for Project Titan, utilizing artificial intelligence for a battlefield system. Hedge fund holders were active buyers. Analysts are optimistic about the stock's potential, with price targets raised to $35, citing the AIP foundation as a key driver for AI use cases in the U.S. market.
$PLTR PT Raised to $35 at Wedbush Recent checks on Palantir in the field have been incrementally more bullish as they believe the AIP foundation is becoming viewed by many US enterprises as the launching pad of AI use cases. Customers across industries are continuing to find…
Raising our price target on Palantir from $30 to $35. Our recent checks on Palantir in the field have been incrementally more bullish as we believe the AIP foundation is becoming viewed by many US enterprises as the "launching pad of AI use cases". Messi of AI thesis. 🔥🐂🍿
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