Wedbush analysts have recently initiated research coverage of Palantir (NYSE:PLTR) with an optimistic outlook, assigning it an Outperform rating and a price target of $25 per share. According to the analysts, Palantir has established itself as the "Messi of AI" and is well-positioned to become a significant player in the AI Revolution of the next decade. As a result, Palantir's shares saw an increase of close to 5% during pre-market trading on Friday. The analysts believe that Palantir's expertise in handling customer data will contribute to its success as it transitions into a pure-play AI company. By leveraging its data-driven foundation, Palantir intends to drive advancements and provide AI solutions powered by high-quality data.

With the world entering the "4th Industrial Revolution, " the analysts see Palantir capitalizing on the growing number of new use cases over the next 6-12 months. They express confidence in Palantir's ability to ride the ongoing wave of AI and deem the current risk/reward ratio as attractive. In conclusion, the analysts anticipate further positive re-rating and sustained upward movement in Palantir's stock price, as the company expands and takes advantage of this transformative period in AI. Palantir stock has already gained over 150% year-to-date.