Palantir Technologies Inc. (NASDAQ:PLTR) is among the Top 10 Unstoppable Growth Stocks to Invest In.
Recently, on June 5, Rosenblatt reiterated a Buy rating on the stock with a price target of $225
The rating comes after the company’s AIPCon 10 event. The firm noted that during the event, the company made several customer announcements, including Kirkland & Ellis, Hertz, the US Department of Agriculture, and Accenture. The firm believes this indicates broad-based adoption across the public and private sectors.
Moreover, the company also expanded its partnership with Google Cloud at the event. Rosenblatt views Palantir as one of the most critical players in the enterprise AI value chain. In separate news, on June 4, Palantir Technologies Inc. (NASDAQ:PLTR) announced a multi-year, multi-million dollar enterprise expansion with GNP Seguros, which is Mexico’s largest insurance company.