Dan Ives Sticks to $75 Palantir Target Amid AI Boom & Revenue Growth 🚀

Wedbush analyst Dan Ives defends his $75 price forecast for Palantir, highlighting the company's strong growth prospects during the AI revolution despite skeptics.

Benzinga253 views0:47

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Wedbush analyst Dan Ives has reaffirmed his $75 price target on Palantir Technologies (NASDAQ:PLTR), citing strong growth potential amid the AI revolution. On Monday, while appearing in a segment of CNBC, Ives argued that the market is undervaluing Palantir’s potential, especially in the software sector. He highlighted that the company’s enterprise solutions could generate billions in revenue, positioning Palantir as a future leader like Oracle.

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253

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Published
Nov 26, 2024

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