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After a couple of quarters of snubbing, S&P Dow Jones Indices announced late Friday that Palantir Technologies, Inc. (NASDAQ:PLTR) will be added to the S&P 500 Index, effective prior to the start of trading on Sept. 23. A bullish analyst on Sunday weighed in on the development. Validation Moment: Wedbush analyst Daniel Ives noted that Palantir’s inclusion in the S&P 500 Index was a highly anticipated moment investors had been eagerly awaiting throughout the past year. “The profitability profile of this story has significantly been bolstered with this another validation moment for the Palantir …

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