Palantir is gaining traction across government and enterprise fronts, with PLTR stock trading into premium territory. But can it punch past the $160 Street-high ceiling?

Key Takeaways Palantir shares hit another all-time high during Tuesday's session amid optimism that the data analytics software provider will benefit from massive AI spending.  The stock traded within an ascending triangle before nudging above the pattern’s top trendline in Monday’s trading session,