Palantir Stock Investors Just Got Great News From the Wall Street Analyst That Predicted the Nasdaq's Rise to 20,000

Dan Ives is the global head of technology research at Wedbush Securities. During his two decades following the tech sector, Ives has made several big, bullish calls that challenged the prevailing sentiment on Wall Street.For instance, he predicted in January 2024 the Nasdaq Composite would hit 20,000 this year. Lo and behold, the index crossed that threshold last week. But Ives made what may be his boldest call to date last month during an interview with Schwab Network.He argued Wall Street is dramatically underestimating how much Palantir Technologies (NASDAQ: PLTR) will benefit from enterprise artificial intelligence spending. Ives believes Palantir could eventually achieve a market value of $1 trillion. The implies about 490% upside from its current market value of $170 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool