Truist lifts Palantir target to $250 after 96% revenue growth
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Truist Securities lifted its price target on Palantir Technologies (NASDAQ:PLTR) to $250 from $223, citing the software company's rapid revenue expansion and role in enterprise artificial intelligence deployment. The revised outlook…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA higher target from a major bank can support Palantir shares given its enterprise AI exposure.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Truist raised its Palantir target to $250 from $223.
- 02Third-quarter 2026 revenue reached $2.31 billion, up 96% year on year.
- 03Adjusted earnings came in at $0.44 per share.
- 04The bank sees potential in sovereign AI.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets