JPMorgan initiates coverage of Palantir with overweight rating, forecasting over 30% rally and calling it a favorite stock

Corroborated by 2 sources from 2 publishers

globalbusiness20h ago

TL;DR

JPMorgan has started covering Palantir, assigning it an overweight rating and projecting the shares could rise more than 30%, labeling the company a favorite stock.

Sources