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via finance.yahoo.comTech & AI

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…

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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
  1. 01Truist raised its Palantir target to $250 from $223.
  2. 02Third-quarter 2026 revenue reached $2.31 billion, up 96% year on year.
  3. 03Adjusted earnings came in at $0.44 per share.
  4. 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

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