Investors who placed bets on American software giant Palantir (NASDAQ: PLTR) when the firm went public are now seeing significant returns.

Palantir (PLTR) shares are pushing further to the upside this morning after Loop Capital issued a bullish note in favor of the big data analytics firm. On Monday, senior analyst Mark Schappel maintained his “Buy” rating on PLTR shares and raised his price target to a Street-high of $155,

Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have been two of the stock market's biggest winners over the past couple of years -- they even delivered the best performances in the Dow Jones Industrial Average and the S&P 500, respectively, in 2024.