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 Technologies (NASDAQ: PLTR) has emerged as a leading artificial intelligence company, offering AI data analytics to the U.S. government and businesses. And the company is growing quickly, with sales rising 39% to $884 million and adjusted earnings increasing 63% to $0.13 per share in the first quarter.

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.