HD Hyundai and Palantir Technologies (PLTR) Strengthen Their Partnership

Core Insights - Palantir Technologies Inc. is recognized as one of the best long-term tech stocks to buy according to analysts [1] - The partnership between HD Hyundai and Palantir is expected to enhance the adoption of Palantir's Foundry and Artificial Intelligence Platform (AIP) across the HD Hyundai Group [1][2] - Phillip Securities has initiated coverage of Palantir with a "Buy" rating and a price target of $208, citing improved fundamentals and a growing addressable market [3] Group 1 - The collaboration with HD Hyundai will focus on developing a Center of Excellence for Foundry and AIP, empowering employees to utilize advanced analytics and AI [2] - The partnership aims to foster a new wave of AI-driven innovation within HD Hyundai [2] - Palantir's software platforms are primarily designed for the intelligence community, aiding in counterterrorism investigations and operations [3] Group 2 - Analysts believe there is potential for Palantir's stock to re-rate higher due to its improved fundamentals [3] - The growing addressable market for Palantir's offerings is a key factor in the positive outlook from analysts [3]