Palantir surges after ‘eye-popping quarter’ as Wall Street praises AI initiatives

Palantir headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Palantir Technologies (NYSE:PLTR) stock soared about 14% premarket on Tuesday after third quarter results and outlook beat estimates, drawing praise from Wall Street analysts.

Wedbush maintained its Outperform rating and raised the price target to $57 from $45 on the shares of Palantir, which provides software platforms

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