---
title: "BUZZ-Truist initiates coverage of Palantir with 'buy'"
description: "Truist Securities has initiated coverage of Palantir Technologieswith a 'buy' rating and a price target of $223, indicating a 28.1% upside from the last close. The brokerage highlights Palantir's capa"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/271654549.md"
published_at: "2026-01-06T13:05:55.000Z"
---

# BUZZ-Truist initiates coverage of Palantir with 'buy'

> Truist Securities has initiated coverage of Palantir Technologieswith a 'buy' rating and a price target of $223, indicating a 28.1% upside from the last close. The brokerage highlights Palantir's capability to integrate proprietary data, which positions the company to benefit from the growing adoption of AI-driven decision-making. Following the launch of its AI Platform in April 2023, Palantir's US government revenue has increased by over 50%, while commercial revenue has risen by 73%. Over the past year, PLTR stock has surged by 117.8%.

Truist Securities initiates coverage of Palantir Technologies (PLTR.O) with “buy” rating; sets PT of $223, 28.1% upside to last close

Brokerage says PLTR’s ability to securely integrate proprietary data across large organizations positions co to benefit as governments and enterprises roll out AI-driven decision-making through its Artificial Intelligence Platform (AIP)

PLTR’s US government and commercial businesses have seen sharp growth acceleration following April 2023 launch of AIP, with US government revenue growing more than 50% from a year ago over past two quarters; US commercial revenue rose 73%

Six of 26 analysts rate stock “strong buy” or “buy,” 17 “hold” and 3 “sell” or “strong sell”; their median PT is $200 - data compiled by LSEG

In last 12 months, PLTR stock rose 117.8%

### Related Stocks

- [PLTR.US - Palantir Tech](https://longbridge.com/en/quote/PLTR.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.