DA Davidson and Cantor Fitzgerald Raise Palantir (PLTR) Price Targets

Core Insights - Palantir Technologies Inc. is recognized as one of the 15 Best Aggressive Growth Stocks to Buy Right Now, with a recent price target increase from DA Davidson from $170 to $215 while maintaining a Neutral rating [1] - The company reported an "outstanding quarter" with accelerating revenue growth, attributed to a significant increase in US demand for AI solutions [1] - Cantor Fitzgerald also raised its price target from $155 to $198, citing revenue that exceeded market expectations and the midpoint of the company's guidance [3] Company Positioning - Palantir is well-positioned to assist customers in effectively deploying AI through its Ontology platform, being described as "the best story in all of software" by DA Davidson [2] - The company specializes in big data analytics and AI platforms, serving key government and commercial enterprises [5] Valuation Concerns - Despite the positive outlook, both DA Davidson and Cantor Fitzgerald maintained a Neutral rating due to valuation concerns, with Palantir's stock trading at approximately five times higher than the median of the firm's infrastructure software coverage [2][4]