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The Economic Times
The Economic Times
Piyush Shukla

PLTR stock jumps 4% after Goldman Sachs upgrades Palantir to Buy with $230 target, but the valuation debate is far from over

Palantir Goldman Sachs PLTR Gabriela Borges Palantir Technologies Fujitsu Salesforce ServiceNow United States

Palantir Technologies shares rose today after Goldman Sachs upgraded the stock to Buy from Neutral and set a $230 12-month price target.

PLTR was at $201.20, up 4.14%. The stock had closed at $194.12 the previous session. Goldman's target implies about 18.5% upside from that close. At $201.20, the gap to $230 is closer to 14.3%.

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