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Palantir (NASDAQ:PLTR) advanced 5.17% on Friday to a new 52-week high of $209.58, from an Thursday close of $198.78.
Palantir stock jumped 3% on Thursday morning, thanks to a bullish thesis and upgrade from Goldman Sachs.
Two major Wall Street firms turned bullish on Palantir within back-to-back sessions, sending shares surging well past the broader software sector, but skeptics question whether analyst sentiment alone can hold a stock that has already run so far.