palantir-stock-can-take-off-because-‘data-is-a-strategic-asset’

Palantir Stock Can Take Off Because ‘Data Is a Strategic Asset’

Palantir Technologies shares got a boost as BofA Global Research analyst Mariana Perez Mora began coverage of the analytics software company with a price target that is more than 50% above the level before her call.

Mora rates the shares at Buy, with a target of $13, while the stock closed Friday at $8.24. Tuesday afternoon, the stock was up 7.5% at $8.86.

Palantir…