To The Moon

Just about a week after signing a controversial contract with the UK’s national health service, $Palantir Technologies Inc.(PLTR)$ launched an influencer marketing campaign to counter criticism of the

Palantir is up more than 3.5% today after Bank of America analysts raised the price target on the data analytics company.According to BofA analysts, the company’s AI platform is highly advanced and clients claim that it may be ahead of competitors by as much as five years.PLTR stock is up more than 144% year-to-date as one of the biggest winners of this year’s AI wave.Palantir stock is enjoying an artificial intelligence-fueled uptick today after Bank of America analysts raised their price target on the popular data analytics company. Indeed, according to BofA analysts, Palantir is in a “unique position” to capitalize on the “rising AI opportunity.”In their recent note on Palantir, BofA analysts reiterated a “buy” rating while raising their price target on the company to $18 per share from $13.On the date of publication, Shrey Dua did not hold any positions in the securities mentioned in this article. The opinions expressed in this article

Panasonic Energy will use Palantir technology in a Nevada factory. Palantir Technologies Inc. reached a deal to provide technology to Panasonic Energy Co. Ltd., the companies said Wednesday.Through the multi-year arrangement, Panasonic will use Palantir's Foundry technology at a Nevada factory in order to integrate sensors on factory lines, automate tasks and connect operations."The agreement expands Palantir's signature platform including artificial intelligence and edge capabilities in the manufacturing space," the companies said in a release.Shares of Palantir were ahead 0.8% in premarket trading Wednesday, putting them on track to extend gains into a third straight session. The stock has advanced 6.5% so far this week, during which time the company has made various other announcements, including that it won a special-ops contract valued at up to $463 million and that it is introducing a new AI integration.Palantir's stock has made a sharp move higher over the past month, more than