Investment Bank believes that Palantir (PLTR) shares are “probably” to re -try the highs

In a note running last week, the Investment Bank Piper Sandler stated that Palantir (PLTR) shares would probably try to try their maximum of $ 125 again in the almost medium term.

Also the week a week, Palantir revealed that he had expanded his alliance with Alphabet (Goog, Googl).

Why Piper is so bullish in Pltr

Through technical analysis, Piper said that Pltr’s actions had recently emerged from a falling wedge. Because the latter event often indicates that stocks go above, Piper believes that Pltr “seems probable” to close in their old highs.

Palantir expanded collaboration with Goog

Alphabet has agreed to integrate Google Cloud with the FEDSTART project of PLTR. As a result of the agreement, the federal agencies will be able to use Palantir applications through Google Cloud, explained Diane King Hall, an anchor on the Schwab network. The agreement will improve the safety and compliance with the offers of CLRT, he reported.

After the announcement, “many believe that the situation with the government contracts to paddle is not as bad as it feared,” the anchor said. However, he added that “some questions still have to answer the government contracts of Palantir and their exposure to them.”

Although we recognize the potential of Pltr, our conviction lies in the belief that the stocks of the AI ​​have a greater promise to obtain higher returns and to do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for an Ia stock that is more promising than Pltr but selling less than five times, see our report on this Ia stock cheap.

Read below: 20 best shares of Ia to buy now and 30 best shares to buy now according to billionaires

Dissemination: None. This article is originally published in Insider Monkey.