Top Wall Street analysts at Bank of America, JPMorgan and Oppenheimer have identified three AI stocks they believe remain well-positioned for further gains following strong quarterly earnings. Bank of America analyst Mariana Perez Mora reiterated a Buy rating on Palantir with a $255 price target after the company’s second-quarter results exceeded expectations. US commercial revenue surged 149% year over year, increasing its share of total revenue to nearly 40%, up from roughly 30% a year ago. The company also expanded its US commercial customer base 35% to 653, while trailing 12-month revenue per customer climbed 76% to $3.5 million. Following the results, Palantir raised full-year guidance and now expects at least 134% US commercial revenue growth. Shares closed near $172 on August 7. JPMorgan analyst Doug Anmuth raised Amazon’s price target to $365 from $330 while maintaining a Buy rating and naming the stock a Best Idea. Amazon Web Services delivered 37% revenue growth during the second quarter, its fastest expansion in 18 quarters. Companywide forex-neutral revenue increased 20%, the strongest pace in five years. AWS backlog climbed to $496 billion, up nearly 2.5x year over year and 36% sequentially. Oppenheimer sees Lam Research reaching $400 on AI chip demand. The picks span different parts of the AI ecosystem, from enterprise software to cloud computing and semiconductor manufacturing.