$PLTR (-0,49%) The catalyst was essentially a combination of two recent analyst upgrades:
- Goldman Sachs has raised its rating from Neutral to Buy (target price $230) and sees significant potential, particularly in the area of sovereign AI . I also found it interesting that they noted Palantir is scaling much more efficiently from an operational standpoint than before, because it requires fewer “on-site solutions engineers.”
- Barclays also rates it a Buy ($265 target) and justifies this primarily with the strong free cash flow growth rates and high margins.
On top of that, AIP continues to be extremely well-received by companies and is further driving growth in the commercial sector. After the stock lagged somewhat behind other AI stocks at times, it’s now making up for lost ground.
How are you handling this after the breakout? Are you sticking with your investment, taking initial profits at >$200, or would you rather wait for a pullback to make your next entry?
For now, I’m staying relaxed and holding on to the shares. Karp definitely has the potential $PLTR (-0,49%) to become a $1T company.
