Rosenblatt analyst John McPeake reiterated a Buy rating and $225.00 price target on Palantir (NASDAQ: PLTR).

The analyst commented: "In conjunction with their AIPCon 10 yesterday the company released a number of substantive customer announcements as well an expansion of their partnership with Google Cloud. Customers discussing their use of Foundry, AIP, Ontology, and Apollo include Kirkland & Ellis, McCarthy Building, U.S. Department of Agriculture, Hertz, Nscale, Accenture, and Parts Town. We continue to think that Palantir is one of the most important components of the enterprise AI value chain and are reiterating our Buy rating and $225 price target on PLTR."

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Shares of Palantir closed at $141.70 yesterday.