Many analysts are cautious about Palantir's valuation, but several are bullish on its growing commercial businesses as AI contracts ramp up.
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Analysts remained overwhelmingly bullish on Palantir, although the company's lofty valuation stood out as a sore spot for some.
Palantir also hiked its full-year guidance given explosive growth in AI.
Global conflicts and a large U.S. defense budget could boost the beaten-down stock, analysts say.
While praising Palantir's strong business, analysts remained concerned over the stock's elevated valuation.
Jay Woods reviews Palantir, a key company reporting earnings this week, and why traders will be dissecting this week's Fed speak.
Truist Securities' $223 price target implies a potential upside of 28% ahead for shares of Palantir.
