Palantir (PLTR) shares are in focus on Thursday after a senior Wedbush analyst, Dan Ives, issued a positive note in favor of the Denver-headquartered big data analytics firm. In a research note this morning,

Dan Ives has raised his price target for Palantir Technologies, signaling a 12% upside from its trading price over the next 12 months.

Palantir’s moves are getting more extensive, and more numerous. Just today, the company signed a $100 million partnership with The Nuclear Company to develop AI tools for U.S. nuclear construction, which is expected to be a huge sector as data center build-outs progress.