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Benzinga
Benzinga
Business
Adam Eckert

Why Palantir Technologies Stock Is Rising

Palantir BofA BofA Securities Palantir Technologies Inc

Palantir Technologies Inc (NYSE:PLTR) shares are trading higher Tuesday following bullish analyst coverage from BofA Securities.

BofA Securities initiated coverage on Palantir with a Buy rating and announced a $13 price target, citing rapidly growing demand for AI-platforms in both commercial and government end-markets.

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