Analyst revises Palantir (PLTR) stock price target
Palantir Technologies (NASDAQ: PLTR)traded modestly higher in early U.S. trading on January 6, with shares changing hands at $174.99, up 0.5% on the day, according to Finbold data.
Despite recent volatility, Wall Street sentiment turned more constructive after Truist Securities initiated coverage on Palantir with a Buy rating and a $223 price target.
Truist forecasts PLTR stock to climb $48 in 2026
At the current price, Truist’s target implies an upside of approximately 27%, underscoring confidence that Palantir’s rally still has room to extend.
In a research note, Truist analyst Arvind Ramnani acknowledged the valuation premium embedded in Palantir shares but argued that the company’s expanding role in…
