DA Davidson analyst Gil Luria raised the firm’s price target on Palantir (PLTR) to $115 from $100 and keeps a Neutral rating on the shares. The company reported a strong quarter with revenue growth accelerating further due to “unrelenting” demand in a seasonally light quarter, and despite recent uncertainty introduced from tariff announcements, Palantir continues to see underlying momentum in the business, landing a record number of $1M deals, the analyst tells investors in a research note.
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Read More on PLTR:
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- Palantir risk-reward still skews unfavorable on valuation, says RBC Capital
- Palantir price target raised to $98 from $90 at Morgan Stanley
- Palantir price target raised to $110 from $98 at Cantor Fitzgerald
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