Palantir Receives Bank of America's "Strongest Endorsement": AI Standard Setter Aims for $150 Target Price

智通财经2025-05-13

According to Zhitong Finance APP, Bank of America is bullish on Palantir Technologies (PLTR.US) in its latest research report and has raised its target price to the highest level on Wall Street.

“While general-purpose tools have some value, we consistently remind investors that Palantir’s core value lies in developing customized, results-oriented AI products at scale,” analyst Mariana Perez-Mora wrote in a report to clients. “We believe Palantir is defining the market standard for how businesses can leverage AI to achieve substantial results.” Perez Mora reiterated her “buy” rating and raised her price target from $125 to $150.

The analyst emphasized that Palantir's latest quarterly financial report demonstrates that its product deployment speed and customer conversion scale are continuously improving.

In addition, the recently issued Executive Order Modernizing Defense Acquisitions and Spurring Innovation will benefit Palantir, as this order represents a “significant change” in how the U.S. Department of Defense handles Defense contract bidding.

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