Palantir(NYSE:PLTR) stock is rising higher on Monday after Morgan Stanley analyst Keith Weiss upgraded the software company’s shares and gave a new price prediction. That upgrade has the analysts boosting PLTR stock from his prior “underweight” rating toa new “equal weight” rating. For the record, the analyst consensus rating is “hold.” That comes from one “buy” rating, four “hold” ratings, and two “sell” ratings. Source: Michael Vi / Shutterstock.com Moving onto the new PLTR stock price predictions, the Morgan Stanley analyst is looking for $16 per share, which is lower than his previous price prediction of $24 per share. However, it still represents a potential 46% upside for the shares. So why is Weiss taking a bull stance on PLTR stock? There’s a few factors that the analyst highlights