Dan Ives Defends $75 Palantir Target Amid AI Revolution And Revenue Surge: 'Haters Will Continue To Hate'

Benzinga 2024-11-26

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Wedbush analyst Dan Ives has reaffirmed his $75 price target on Palantir Technologies (NASDAQ:PLTR), citing strong growth potential amid the AI revolution. On Monday, while appearing in a segment of CNBC, Ives argued that the market is undervaluing Palantir’s potential, especially in the software sector. He highlighted that the company’s enterprise solutions could generate billions in revenue, positioning Palantir as a future leader like Oracle.

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