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Palantir Stock Investors Just Got Great News From a Wall Street Analyst (Hint: The Stock Could Soar)
The Motley Fool·
JPMorgan Chase analyst Brian Essex initiated coverage of Palantir Technologies with a buy rating and $262 price target, implying 63% upside from the current $160 share price. Essex argues that despite Palantir's expensive 53x sales valuation (highest in S&P 500), the company's rapid revenue growth, AI platform leadership, and strong fundamentals justify the premium. Palantir has delivered 13 consecutive quarters of accelerating revenue growth, with Q3 revenue up 96% and full-year 2026 guidance raised to 156% growth.
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