Analysts Predict AI Surge for Palantir, Snowflake, and Salesforce
TL;DR Summary
Wedbush Securities' Dan Ives has raised Palantir's price target to $75, citing 2025 as a pivotal year for AI in the software sector. Palantir's stock has surged 288% YTD, driven by significant contracts and its first profitable year. Despite this growth, some investors are cautious about its high valuation and retail investor base. Ives also upgraded Elastic NV and Snowflake Inc, reflecting confidence in AI's potential impact on the software industry.
- Palantir Price Target Raised To $75 By Dan Ives Amid 288% YTD Surge: Analyst Calls 2025 A 'Primetime' Year For AI Benzinga
- Palantir Stock Can Get Another AI Boost, Analyst Says. These Stocks Can Surge, Too. Barron's
- Snowflake, Elastic Upgraded As Wall Street Analyst Cites Emerging AI Battlefield Investor's Business Daily
- Snowflake upgraded as AI ‘revolution’ hits ‘next gear’ with software: analyst MarketWatch
- Palantir, Snowflake, Salesforce to gain in next era of AI: Wedbush Yahoo Finance
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