Palantir On Track To Garner Meaningful Share Of $1 Trillion Global AI Market, Analyst Says After AIP Conference
Portfolio Pulse from Shanthi Rexaline
Following Palantir Technologies' AIP Conference, Wedbush analyst Daniel Ives maintained an Outperform rating and a $25 price target for the company. Ives praised Palantir's AI vision and its ability to integrate with customers within 1-4 weeks of signing papers. He also highlighted the company's potential to expand into various industries and its strong product portfolio. Despite this, Palantir's stock edged down 0.13% in premarket trading.
September 19, 2023 | 1:04 pm
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Wedbush analyst Daniel Ives maintains an Outperform rating for Palantir, highlighting its AI vision and potential for expansion. However, Palantir's stock edged down 0.13% in premarket trading.
Despite the positive outlook from the analyst, the stock price edged down in premarket trading. This suggests that the market may not fully agree with the analyst's view or other factors are influencing the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100