Truist Initiates Palantir (PLTR) as Buy, Calls It a “Best-in-Class” Asset

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the AI Stocks Analysts Are Watching Closely. On January 6, Truist initiated the stock as “Buy” with a price target of $223. Analyst calls Palantir a “best in-class asset” with accelerating fundamentals. The firm acknowledged how Palantir already commands a significant valuation premium, but still considers it a buy due to its major opportunity to continue driving GenAI adoption for government and enterprises. Palantir has witnessed material improvement i ...