PLTR
Another analyst joins the Palantir parade
Palantir just picked up a new cheerleader from Wall Street. Gil Luria of DA Davidson recently upgraded the stock and slapped a fresh $175 price target on it, which works out to roughly 30% upside.
That’s the kind of note that doesn’t change the company’s business overnight, but it can absolutely keep the “this stock still has room to run” conversation alive. And with Palantir already wearing the crown as one of the market’s favorite AI names, every new bullish call tends to get extra airtime.
Why investors care
This isn’t about a new product launch or a revenue surprise. It’s about sentiment — and sentiment can be rocket fuel for a pricey stock like Palantir. When an analyst says, in effect, “yeah, it’s expensive, but maybe not that expensive,” traders tend to perk up.
The bigger takeaway: Palantir’s valuation debate is still the whole game. If Wall Street keeps raising targets, the stock can stay in the spotlight even when the company is just doing the unglamorous work of selling software.
Big picture: Palantir doesn’t need every analyst to love it. It just needs enough of them to keep asking the same question you are: what if this thing really can keep outrunning expectations?