Demand for Big Data services is increasing. Palantir, a leader in the field, should benefit. Here are the forecasts and price predictions for PLTR stock.

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,

Palantir’s growth engine remains its dominance in high-stakes government work, now paired with accelerating U.S. commercial demand. Q1 figures beat estimates again, and Palantir upped its guidance. Revenue grew 39% year-over-year to $884 million, and its net income doubled to $214 million.