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JPMorgan Overweights Palantir Technologies and Sets Price Target

Investing.com · ·by G4L

JPM JPMorgan Chase & Co
$342.07 0.00%
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PLTR -0.22%
  1. 1JPMorgan issued an overweight rating for Palantir Technologies and set a price target of $262 per share for December 2027.
  2. 2Analyst Brian Essex said companies are moving from the AI deployment stage to the profit-seeking stage, and Palantir is already realizing this.
  3. 3Alphabet shares fell 12% on Thursday.

So what's the key point?

JPMorgan expects Palantir Technologies shares to rise further and set a price target of $262. This is a positive sign for the company as businesses begin to make money from artificial intelligence.

Source Investing.com · View original ↗

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