** Truist Securities initiates coverage of Palantir Technologies PLTR.O with "buy" rating; sets PT of $223, 28.1% upside to last close
** Brokerage says PLTR's ability to securely integrate proprietary data across large organizations positions co to benefit as governments and enterprises roll out AI‑driven decision‑making through its Artificial Intelligence Platform $(AIP)$
** PLTR's US government and commercial businesses have seen sharp growth acceleration following April 2023 launch of AIP, with US government revenue growing more than 50% from a year ago over past two quarters; US commercial revenue rose 73%
** Six of 26 analysts rate stock "strong buy" or "buy," 17 "hold" and 3 "sell" or "strong sell"; their median PT is $200 - data compiled by LSEG
** In last 12 months, PLTR stock rose 117.8%
(Reporting by Pragyan Kalita in Bengaluru)
((Pragyan.Kalita@thomsonreuters.com))

