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Wajeeh Khan

Goldman Sachs Just Upgraded Palantir Stock. Here's Why

Palantir Goldman Sachs Gabriela Borges PLTR Palantir Technologies

Palantir Technologies (PLTR) stock is extending gains on Thursday after Goldman Sachs upgraded the artificial intelligence (AI) software company to “Buy.” In her research report, analyst Gabriela Borges said PLTR’s total addressable market (TAM) could expand significantly as demand for sovereign AI and customized software accelerates.

Including today’s gains, Palantir shares are up about 10% versus the start of this year.

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