Palantir (PLTR) Expands Aviation Presence with New Airbus Deal
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Palantir (PLTR) has extended its agreement with Airbus (EADSF) for several years, reinforcing its role in the aviation sector by keeping its software central to Airbus' Skywise platform. This partnership, which began in 2015, enhances Palantir's commercial business and supports its growth beyond government contracts. The deal allows Airbus to transition parts of Skywise to local cloud systems, ensuring compliance with data regulations. PLTR stock has a Moderate Buy consensus rating, with a target price suggesting a potential upside of 37.37%, despite a year-to-date decline of over 21%.
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