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Palantir Stocks Jump Nearly 3.8% as Goldman Upgrades Its AI Moat
GuruFocus ·
GuruFocus reports: Palantir Technologies , the data-platform and AI software provider, rose approximately 3.8% to $201.37 on Oct. 8 after Goldman Sachs upgraded the shares to Buy from Neutral, according to Barron's. Its $230 target implies another 14.2% upside. That gives buyers a fresh reason to chase the stockbut an analyst target still needs earnings to back it up. The business has been delivering plenty of those. Palantir reported second-quarter revenue of $1.94 billion, up 93% year…