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Palantir Stock: Why One Analyst Says to Buy the Dip


Published on 2025-02-20 12:01:11 - Kiplinger
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  • Palantir stock is continuing to slide Thursday as investors weigh a CEO stock sale and potential defense budget cuts. Here's what you need to know.

The article from Kiplinger discusses the investment perspective on Palantir Technologies (PLTR) stock, highlighting why one analyst recommends buying the dip. Analyst Mariana Perez Mora from BofA Global Research has upgraded Palantir's stock from Neutral to Buy, setting a price target of $28, which suggests a potential 25% increase from its current price. This optimistic outlook is based on Palantir's strong performance in its commercial business, particularly in the U.S., where it has shown significant growth. Despite a dip in stock price following its Q4 earnings, the analyst points out that Palantir's focus on AI and machine learning, along with its expanding customer base, positions it well for future growth. The article also notes that while the stock has been volatile, the company's strategic direction and market positioning make it an attractive buy for investors looking at long-term gains.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/palantir-pltr-stock-why-one-analyst-says-to-buy-the-dip ]
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