Palantir Advances 3% as Goldman Sachs Upgrades to Buy With $230 Target; Salesforce and ServiceNow Hold Steady

Palantir Advances 3% as Goldman Sachs Upgrades to Buy With $230 Target; Salesforce and ServiceNow Hold Steady

Goldman Sachs just broke ranks on Palantir with a bold upgrade that draws a sharp line between two kinds of enterprise software, and the market is already picking sides.

Palantir Stock Rises as Goldman Turns Buy With $230 Target

Palantir Technologies (NASDAQ: PLTR) stock rose about 2.39% to $198.76 in Thursday premarket trading as Goldman Sachs upgraded the AI software company to “Buy” from “Neutral” and set a $230 price target, adding another positive analyst call after Dan Ives initiated coverage with a $250 target a day earlier. The premarket advance followed a three-session regular-hours winning streak.Visit Website

Palantir has been on a tear. Goldman Sachs sees more momentum ahead

Palantir is likely to continue rallying as it embraces a wider range of applications for its technology, according to Goldman Sachs.

Goldman Sachs Upgrades Palantir to Buy With $230 Price Target

Palantir shares rose 2.5% in premarket trading Thursday after the rating change, which followed the stock’s recent underperformance.