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Palantir Stock Jumps After Goldman Sachs Upgrade to 'Buy'
GuruFocus ·
GuruFocus reports: Palantir Technologies shares climbed about 3% in morning trading Thursday after Goldman Sachs moved the software company to Buy from Neutral and set a $230 price target, according to a analyst note. Analyst Gabriela Borges said Palantir could benefit from rising demand for sovereign artificial intelligence, customized applications and industry-specific software. The target implies about 18% upside from Wednesday's close of $194.12. Goldman also highlighted Palantir's…