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.
Don’t Miss TipRanks’ Half-Year Sale
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…
