Morgan Stanley sets Palantir (PLTR) stock price target for 12 months
Photo: Finbold
Morgan Stanley raised its Palantir (NASDAQ: PLTR ) stock price target from $205 to $233 on Tuesday, November 3, and maintained an “Equalweight” rating on the company. The bank cited accelerating revenue growth, expanding margins, and rising demand for sovereign artificial intelligence ( AI ) solutions as key drivers. Further, the research note highlighted sovereign AI as another potential inflection point for the company, as the technology allows customers to train AI models using their own operational data and ontology.
Source: Finbold
