Palantir Receives Mixed Analyst Ratings Amid AI Growth
Truist initiated coverage of Palantir with a Buy rating and $223 target, citing AI-driven growth, while RBC Capital reiterated a Sell rating with a $50 target.
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Truist initiated coverage of Palantir with a Buy rating and $223 target, citing AI-driven growth, while RBC Capital reiterated a Sell rating with a $50 target.
US stocks rose Thursday, recovering from losses as TSMC's strong AI outlook boosted chip stocks and bank shares rallied on earnings reports. Oil and silver prices fell amid geopolitical developments.
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Palantir Technologies' stock has more than doubled annually for three years, with Citigroup analysts forecasting further gains in 2026 driven by accelerating commercial and government revenue.
US stocks opened higher Thursday, recovering from losses after TSMC's strong profit and outlook lifted AI-related shares. Major indexes rose, with the Nasdaq leading gains. Oil and silver prices fell amid geopolitical developments.
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