Goldman Sachs sees 18% upside for Palantir on sovereign AI growth
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Goldman Sachs has upgraded Palantir Technologies (NASDAQ: PLTR) from Neutral to Buy, establishing a 12-month price target of $230.00 that implies an 18% upside. Shares of the enterprise software giant closed yesterday at $194.12 and were indicated to open up…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA Goldman Sachs upgrade of Palantir from Neutral to Buy with $230 target is a significant catalyst for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Goldman Sachs upgraded Palantir from Neutral to Buy with 12-month price target of $230, implying 18% upside.
- 02Analyst Gabriela Borges highlighted sovereign AI growth as the primary driver of the bullish thesis.
- 03Shares were indicated to open up 2.5% at $199.05 following the note.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Palantir Technologies Inc.199.95 USD+3.00%today +3.00%Positive Salesforce, Inc.225.49 USD+0.41%today +0.41%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets