Citigroup raised its target price on Palantir to $158 on the US stock market, but challenges overseas cannot be ignored despite better-than-expected business in the United States.
According to the Wise Finance APP, Palantir Technologies Inc. (PLTR.US) is a bright spot in the field of quantum computing in 2025 and has recently received a series of rating adjustments from Wall Street institutions. On August 4th, Citibank analyst Tyler Radke raised the target price from $115 to $158 while maintaining a "hold" rating. The core reason for this adjustment is the company's better-than-expected performance in the second quarter: significant growth in both commercial and government sector revenues, along with an increase in order volume and operating profit margin, especially in the US domestic commercial market. However, Radke also pointed out that international commercial market revenues declined year-on-year, exposing concerns about overseas expansion, hence the cautious rating maintenance.
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