Argus Upgrades Palantir to Buy Following Earnings and Sell-Off
Following a sharp sell-off, Argus upgraded Palantir Technologies (PLTR) from Hold to Buy with a $190 price target. The move comes after the company reported strong Q1 revenue growth of 85% year-over-year, driven by U.S. commercial demand and AI-related operating leverage.
Topics: AI demand earnings performance operating leverage stock upgrade