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MarketBeat
MarketBeat
Chris Markoch

Palantir Gets Price Hike From Wedbush Amid High Valuation

Palantir Wedbush PLTR Dan Ives MarketBeat BigBearai Oracle

Palantir Technologies Inc. (NASDAQ: PLTR) continues to defy expectations. As of midday trading on July 14, PLTR stock is trading at $147. That’s more than 6.8% in the last week. It also puts the stock within an eyelash of the psychologically significant $150 level.

At least one analyst believes it will get there. Dan Ives of Wedbush, who described Palantir as the “Lionel Messi of AI,” has another bullish prediction. Ives believes that PLTR stock is on the “golden path to become the next Oracle” in the coming years.

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