European Investor
29 Jun 2026, 15:04
Palantir Stock Gains After Analyst Upgrades Shares to Buy
Palantir Technologies (NASDAQ: PLTR) shares rose 4% on Monday after President Capital upgraded the stock to Buy from Neutral and significantly increased its price target, reinforcing bullish sentiment toward the AI software company.
The firm raised its price target to $133 from $25.50, reflecting increased confidence in Palantir's growth trajectory as demand for artificial intelligence, data analytics, and defense software platforms continues to expand.
The upgrade comes as Palantir continues to benefit from strong adoption of its AI-powered platforms across both government and commercial customers. Investors remain optimistic that accelerating enterprise AI deployment and growing federal contracts will support robust revenue growth in the coming quarters.
The analyst action also coincided with a broader rally in technology stocks, supported by easing geopolitical tensions between the United States and Iran and improving investor risk appetite.
At the time of writing, Palantir shares were trading around $117, up approximately 4% during Monday's session as investors welcomed the bullish analyst upgrade.
Palantir Technologies (NASDAQ: PLTR) shares rose 4% on Monday after President Capital upgraded the stock to Buy from Neutral and significantly increased its price target, reinforcing bullish sentiment toward the AI software company.
The firm raised its price target to $133 from $25.50, reflecting increased confidence in Palantir's growth trajectory as demand for artificial intelligence, data analytics, and defense software platforms continues to expand.
The upgrade comes as Palantir continues to benefit from strong adoption of its AI-powered platforms across both government and commercial customers. Investors remain optimistic that accelerating enterprise AI deployment and growing federal contracts will support robust revenue growth in the coming quarters.
The analyst action also coincided with a broader rally in technology stocks, supported by easing geopolitical tensions between the United States and Iran and improving investor risk appetite.
At the time of writing, Palantir shares were trading around $117, up approximately 4% during Monday's session as investors welcomed the bullish analyst upgrade.