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MarketBeat

Business

Chris Markoch

Palantir: AI Leadership and Rising Analyst Expectations

Palantir PLTR Bank of America MarketBeat

[content-module:CompanyOverview|NASDAQ:PLTR]

Palantir Technologies Inc. (NASDAQ: PLTR) continues to defy expectations. The polarizing technology stock is up approximately 8.5% since May 12. Some of the bullish sentiment came from the tariff pause between the United States and China that lifted all technology stocks.

However, PLTR stock received a separate catalyst when Bank of America (NYSE: BAC) raised its price target to $150 from $125.

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