#rackspace Tech News.
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ChipsSeeking Alpha35 minutes ago
Rackspace Upgraded on Palantir and AMD AI PivotRackspace received a rating upgrade for pivoting to high-margin managed AI cloud services through partnerships with Palantir and AMD. The asset-light strategy targets regulated industries and enterprise AI workloads. A rerating to a 1x P/S multiple implies 58% upside, though execution and revenue growth remain critical.
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