Palantir Technologies Inc. (PLTR) saw a significant uptick in its stock price, climbing back above $24, following a series of positive analyst ratings and price target adjustments. Argus Research analyst Joseph Bonner initiated coverage with a Buy rating and a $29 price target. Additionally, another analyst raised their price target to $31. The market's positive response suggests optimism for Palantir's Q2 performance, potentially outperforming Q1 results. The stock's rise also comes amid struggles for other SaaS companies like Salesforce (CRM) and Snowflake (SNOW), indicating a possible shift of investment towards Palantir. On Friday, Sarge also raised his target for Palantir. The stock could further climb if a whale swallows up 57K shares.