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Pathikrit Bose

Morgan Stanley Says Palantir Stock Can Keep Accelerating Revenue Growth. Load Up on PLTR Here.

Palantir Morgan Stanley PLTR Anthropic Maven

Wall Street's leading financial institution, Morgan Stanley, reckons that AI-led data analytics company Palantir (PLTR) will continue to experience strong growth in the coming times. Palantir's stock has been an unstoppable juggernaut in recent years. Yet, amid concerns around valuations and questions of irrelevance from the likes of Michael Burry, Palantir continues to find backers.

The Sanjit Singh-led team of analysts at Morgan Stanley has now given its vote of confidence for Palantir (and several other software stocks). Specifically for Palantir, it noted, "Fundamentals remain exceptionally strong, with accelerating U.S.-led growth, expanding large-customer adoption, and best-in-class margins, making the path to $10B in revenue increasingly credible."

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