10 AI News and Ratings Investors Should Not Miss

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9. Palantir Technologies Inc. (NYSE:PLTR)

Number of Hedge Fund Holders: 44  

Palantir Technologies Inc. (NYSE:PLTR) is an American company that specializes in software platforms for big data analytics. On November 6, Goldman Sachs analyst Gabriela Borges raised the price target on Palantir to $41 from $16 but kept a Neutral rating on the shares. The advisory has underestimated the significant momentum Palantir would see in 2024 as it applied its core technology competencies – data stitching, ontology building – to solving custom AI software challenges across enterprise customers, Goldman analysts told investors in a research note. The note added, however, that the neutral stance reflects the stock that is already pricing in significant success with AIP as it looks to do further work to better understand the durability of Palantir’s competitive advantage.

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