Palantir climbs as Goldman Sachs turns bullish
PLTR•Palantir shares rose 3.7% after Goldman Sachs upgraded the stock to buy from neutral and set a $230 price target, implying about 18% upside to the last close. Goldman said the company could be positioned for another phase of outperformance into 2027.
1. Goldman upgrades Palantir
Goldman Sachs raised its rating on Palantir Technologies to buy from neutral and set a $230 price target. The firm said industry conversations suggest the stock is setting up for another phase of outperformance into 2027, with its addressable market potentially expanding as sovereign AI, bespoke applications and a newer verticalization strategy develop.
