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Blessed Moo
2022-03-10

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Palantir Surged 5% on Wednesday as Piper Sandler Said Ukraine War Could Accelerate Adoption

Palantir Technologies (NYSE:PLTR) surged on Wednesday, as Piper Sandler started coverage on the data

Palantir Surged 5% on Wednesday as Piper Sandler Said Ukraine War Could Accelerate Adoption

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solution to help organizations make decisions to centrally track things like people, parts and information, while identifying patterns and creating frameworks to assess impact of certain decisions.</p><p>&#34;We believe this type of technology will increasingly become standard among large organizations,&#34; Twigg wrote in a note to clients, while adding that the &#34;Ukraine war could be an accelerator of adoption among U.S. and international government customers.&#34;</p><p>Palantir (PLTR) shares were up more than 5.5% to $11.65.</p><p>In addition, Twigg also noted that Palantir (PLTR) expects 30% compound annual growth rate in revenue through 2025, a goal that is achievable, considering it saw 41% growth in 2021, added more than 150 salespeople in 2021 and continued to see &#34;rapid commercial growth.&#34;</p><p>The analyst also noted that Palantir (PLTR) is focusing on an &#34;aggressive&#34; global expansion, looking outside the U.S. to grow its sales force and customers, as it saw a 417% rise year-over-year in international commercial customers last year.</p><p>Earlier this week, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> upgraded Palantir (PLTR) as the investment firm said the company&#39;s fundamentals were getting better, citing better visibility on when U.S. federal contracts will get executed and when commercial investments will yield benefits.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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