Palantir Surges After 'Stunning Quarter' as Wall Street Praises AI Initiatives

Palantir Technologies (NYSE:PLTR) The stock shot up 14% premarket on Tuesday after its third-quarter results and outlook beat estimates and drew praise from Wall Street analysts.

Wedbush maintained its “outperform” rating and raised its price target on shares of Palantir, a software platform provider, from $45 to $57