Shares of Palantir (PLTR) are moving up as the company announced it won a contract with the US Army valued at $178 million, to build out TITAN (Tactical Intelligence Targeting Access Node) artificial intelligence-enabled ground stations. The company will deliver 10 prototypes — 5 "basic" and 5 "advanced" — within a 24-month period. RBC Capital Markets Analyst Rishi Jaluria joins Yahoo Finance to discuss Palantir's contract as well as why he not as bullish as others, despite the hype. Jaluria does believe Palantir to be a part of the AI hype train but believes there is more at play: "There absolutely is an AI play that they could help enterprises get their data and stay in order for generative AI. But what this is not, this is not a cutting-edge generative AI company. This is not a company that is innovating when it comes to generative AI, and I think when that bridge or gap of what is the message they're communicating to investors, and particularly retail investors, and what is reality, when that starts to narrow, I think we're going to see the stock come back more towards my price target, which I think represents fair value for the company." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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