Core Insights - Palantir's stock has surged nearly 140% since January, driven by market enthusiasm for artificial intelligence [1] - Bank of America analyst Mariana Pérez Mora raised the stock price target from $180 to $215 while maintaining a "Buy" rating [1][2] - The upgrade follows a previous increase in price target from $150 to $180 on August 5, coinciding with Palantir's quarterly revenue surpassing $1 billion for the first time [2] Company Performance - Stronger growth across Palantir's applications was cited as a primary reason for the stock upgrade [2] - Following the upgrade, PLTR shares rose 1.41% in pre-market trading, reaching $179.36 [3] Strategic Developments - BofA highlighted momentum in Palantir's Maven Smart System, recently selected by NATO for military operations [4] - The firm’s Ontology architecture and Forward Deployed Engineers (FDEs) market strategy were described as "the secret sauce" for growth [4] Partnerships and Contracts - A new strategic partnership with the UK Ministry of Defence was announced, valued at up to £750 million, marking Palantir's first billion-dollar contract outside the U.S. [5] - The bank forecasts government sales to exceed $8 billion by 2030, increasing the CAGR estimate for 2025–2030 from 27% to 30% [5]