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Benzinga

Business

Henry Khederian

Palantir Technologies Stock Hits A New All-Time High: What's Driving The Action?

Palantir Palantir Technologies PLTR Brent Bracelin Dan Ives Artificial Intelligence Deloitte

Palantir

Palantir Technologies Inc (NASDAQ:PLTR) shares hit a new all-time high Friday morning, capping another week of gains for the artificial intelligence and data analytics firm. Here’s what investors need to know.

What To Know: The immediate catalyst Friday was a newly initiated Overweight rating from Piper Sandler analyst Brent Bracelin, who announced a $170 price target, fueling investor optimism in early trading.

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