Mizuho Upgrades Palantir to ’Outperform’ Amid AI-Driven Growth Prospects
Mizuho Securities has upgraded Palantir Technologies (PLTR) from neutral to outperform, citing a 44% upside potential with a $195 price target. The stock's recent 35% decline from November highs presents a buying opportunity, according to analysts, who highlight accelerating commercial growth and unrivaled AI demand tailwinds.
Despite concerns about overvaluation following last year's rally, Palantir's earnings beat earlier this month failed to stem the selloff in software stocks. The company's unique positioning—delivering scalable revenue growth and margin expansion—sets it apart in the enterprise software sector.