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Palantir Stock Scores a New Street-High Price Target

Palantir Stock Scores a New Street-High Price Target

Palantir (NASDAQ:PLTR) is a bit of a polarizing name – some view it as a groundbreaking software company redefining how data is leveraged across government and enterprises, while others see it as an overhyped stock trading more on narrative than fundamentals.

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When it comes to Wall Street opinions, there’s no doubt whatsoever on which side of the argument Wedbush analyst Daniel Ives comes down on.

“We believe Palantir has a ‘golden path to become the next Oracle’ over the coming years and while the valuation is expensive today we see the Messi of AI as a core winner in the trillions of AI spend over the next few years,” the analyst said.

Ives continues to rank Palantir as one…

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