Shares in Palantir Technologies climbed 1.8 per cent to $197.53 on Thursday, outperforming a falling US stock market, after Goldman Sachs upgraded the data analytics and artificial intelligence group to 'Buy' on the back of rising demand for sovereign and customised AI systems.
Analyst Gabriela Borges raised her rating from 'Neutral' and set a 12‑month price target of $230. Based on Wednesday's close of $194.12, the target implies upside of about 18.5 per cent.
