The tech analyst hiked his 12-month price target to $160 from $140 after recent checks strengthened his confidence in the firm.
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William Blair's $200 price target implies that shares of Palantir could surge 36% from current levels.
Piper Sandler's $175 per share price target implies that shares of Palantir could climb 13% from here.
Truist Securities' $223 price target implies a potential upside of 28% ahead for shares of Palantir.
Analysts remained overwhelmingly bullish on Palantir, although the company's lofty valuation stood out as a sore spot for some.
Citi's $235 price target implies upside of 32% ahead for shares of Palantir.
Palantir also hiked its full-year guidance given explosive growth in AI.
