Science and Technology Science and Technology
Mon, December 16, 2024
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[ 05:42 AM ] - MSN
Palantir Stock Investors Just Got Great News From .. nalyst That Predicted the Nasdaq's Rise to 20,000

Palantir Stock Investors Just Got Great News From the Wall Street Analyst That Predicted the Nasdaq's Rise to 20,000


Published on 2024-12-16 05:42:18 - MSN
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  • Dan Ives is the global head of technology research at Wedbush Securities. During his two decades following the tech sector, Ives has made several big, bullish calls that challenged the prevailing sentiment on Wall Street.

The article from MSN discusses a positive outlook for Palantir Technologies Inc. by Wall Street analyst Dan Ives from Wedbush Securities, who has a track record of accurate predictions, including the Nasdaq reaching 20,000. Ives has reiterated an outperform rating on Palantir with a price target of $35, suggesting a potential 60% increase from its current price. This optimism stems from Palantir's expanding customer base, particularly in the private sector, and its strategic positioning in the AI and data analytics market. Ives highlights Palantir's growth in enterprise clients, its robust software platform, and the company's ability to capitalize on the AI revolution, which he believes will drive significant revenue growth. He also notes that Palantir's stock has been undervalued, presenting a buying opportunity for investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/palantir-stock-investors-just-got-great-news-from-the-wall-street-analyst-that-predicted-the-nasdaq-s-rise-to-20-000/ar-AA1vWnRy ]
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