HSBC upgraded Palantir (PLTR) to Buy from Hold with a price target of $205, up from $197. The company posted “strong” Q4 results and initiated 2026 guidance well above consensus, the analyst tells investors in a research note. The firm believes the shares are trading at an attractive valuation considering Palantir’s strong growth. Though the stock trades at a “significant premium,” the company will see continued strength for many quarters, which merits share support, contends HSBC. The stock in midday trading is up 7%, or $9.59, to $157.37.
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