Palantir Lands Hyundai “Hundreds-Million” AI Deal and Citi Raises Target to $235
Palantir secured a “hundreds of millions” AI software contract with Hyundai and a new EMEA data-center partnership, reinforcing its enterprise revenue pipeline. Citi upgraded the stock to buy with a $235 price target while shares trade at about 169x forward P/E, highlighting valuation tensions before its next earnings report.
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