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Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Exciting AI Stocks to Watch Right Now. On September 8, Bank of America reiterated the stock as “Buy” with a $180 price target, noting that Palantir remains extremely well positioned for artificial intelligence.
The rating follows Bank of America’s attendance of the AIPCon 8 in San Francisco last week, where the firm came out optimistic about “Palantir’s (PLTR) competitive advantage on turning data and AI into value-add use cases.”
The firm believes that Palantir will sustain its profitable growth and outperformance.
“In a budget-constrained environment, we see PLTR outperforming the industry growth. PLTR premium pricing limits some broad applications.”
Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems.
While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks to Watch Out For in 2025 and 10 Hot AI Stocks to Keep on Your Radar.
Disclosure: None.
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