Palantir Stock Surges as Wall Street Analyst Raises Price Target

Palantir (PLTR) continues to captivate the market as one of the most sought-after AI stocks, with shares soaring 140% year-to-date following a 340% surge in 2023. Bank of America analyst Mariana Perez Mora has bolstered confidence in the company, lifting her price target to $215—the highest on Wall Street—implying a 17% upside from current levels.

The bullish outlook stems from Palantir's unique positioning in artificial intelligence platforms. Its forward-deployed engineers (FDEs) work directly with clients to build tailored AI solutions, a critical advantage as enterprises accelerate workflow automation. The company's ontology-driven software architecture further differentiates it, enabling organizations to model processes as digital twins for seamless optimization.