Top 20 Trending AI News And Analyst Ratings

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9. Palantir Technologies Inc. (NYSE:PLTR)

Number of Hedge Fund Holders: 44  

Palantir Technologies Inc. (NYSE:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations. The company recently announced that it had entered into a partnership with AI firm Edgescale AI to deliver Live Edge, a combination of Palantir Edge AI and Edgescale AI distributed infrastructure technology, designed to operationalize artificial intelligence in manufacturing, utilities, and other complex industrial environments. The deal helps Live Edge provide direct access to hard-to-reach operational data and closes the loop to automate physical processes.

Wedbush analyst Daniel Ives recently raised the price target on Palantir Technologies Inc. (NYSE:PLTR) stock to $45 from $38 and kept an Outperform rating on the shares. In an investor note, Ives noted that recent channel checks indicated incrementally more enterprises were strategically discussing how the company’s Artificial Intelligence Platform would be deployed in their enterprise during 2025. The increased price target reflected higher confidence in Palantir’s enterprise-driven artificial intelligence strategy, the analyst told investors in a research note. Wedbush viewed this as a clear game changer for the Palantir story as the use cases of AI started to take hold over the next 12 to 18 months.

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