Palantir Technologies Inc. (NASDAQ:PLTR) saw its price target raised to $170 by Baird analyst William Power. The company posted strong Q2 results with revenue growing 48%, up from 39% in Q1. Key drivers were U.S. commercial and U.S. Government sectors, with plans for a 10-fold revenue increase in five years. Analysts are cautious due to valuation concerns, despite revenue growth and AI leadership.
Read more at Yahoo Finance: Despite Strong Q2, Palantir (PLTR) Faces Valuation Doubts from Wall Street
