Palantir Technologies beat earnings and revenue estimates in the second quarter, with revenue up more than 90% year over year and net income soaring 125%. Commercial revenue surged 149%, showing the company is expanding its customer base beyond the U.S. government. The stock was surging 16% in premarket trading Tuesday. Deutsche Bank upgraded its rating to buy, while several banks maintained price targets ranging from 200 to 255 dollars, representing potential gains of up to 95% from Monday’s close.
Source: Read the original article

