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Stock impact report

BofA Reiterates Buy on Palantir (PLTR) After Investor Meetings, Sees Strong AI Adoption [Yahoo! Finance]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Yahoo! Finance
its “Buy” rating on the stock with a $255.00 price target following investor meetings with company executives in South Korea. The meetings included Palantir's CFO Dave Glazer, Deployment Strategists Hind Kraytem and Austin Lee, and Investor Relations representative Cary Li. Following the meetings, analyst Mariana Perez Mora noted how Palantir continues to witness robust enterprise adoption of its AI platforms as well as expanding government contracts, supporting sustained revenue growth. US Commercial demonstrates the strongest momentum, noted the analyst, driven by strengthening backlog, lower contract duration, and customers rapidly advancing through Palantir's value chain. The firm also discussed how PLTR recently secured a two-year $448 million US Navy ShipOS award. The Navy will be using Palantir's Foundry and AIP to accelerate submarine construction by identifying supply chain bottlenecks. Mora also pointed to opportunities for margin expansion, stating that operating Show less Read more
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