Goldman Sachs analyst revisits Palantir Technologies stock price target
Updated at 9:46 AM EDT
Palantir Technologies shares moved lower in early Friday trading amid questions over the pace of AI investment, tied in part to CoreWeave’s shaky IPO, and a note from Goldman Sachs that questions developments in its core technology.
Palantir (PLTR) uses its artificial intelligence platform, known as AIP, to help clients pull together disparate collections of data into a single model that they then can build, train and deploy in their day-to-day processes.
Palantir also touts the benefits of its ontology offering, a framework that helps represent and connect real-world entities, data, and processes for its commercial clients.
Last month, the Denver-based group, which was founded by the tech investors…
