Bullish
Goldman Sachs upgrades Palantir (PLTR) to 'Buy' with $230 price target
Goldman Sachs has upgraded Palantir Technologies (PLTR) to a 'Buy' rating from 'Neutral', setting a price target of $230, indicating an 18% upside from the current price. The firm cites the company's strong position in the defense and enterprise AI sectors, anticipating continued growth driven by increased U.S. defense spending and the adoption of Palantir's AI solutions.
Key points
- Goldman Sachs' upgrade reflects confidence in Palantir's growth prospects.
- No significant market-moving news in the past 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
