Analyst Predicts 42% Upside in Palantir Technologies Stock with Growing AI Adoption
Wednesday, 13 March 2024, 10:47
Capitalizing on the AI gold rush
Wedbush analyst Dan Ives has boosted Palantir's price target to $35, expecting a 42% rise.
The path to profits
Palantir offers immersive boot camps for customers to deploy AI, aiming for $5 billion revenue by 2027.
- Demand surge: 500 boot camps target exceeded with 560 conducted by February.
- Revenue goal: 20% growth in Q4 hints at achievable $5 billion target by 2027.
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