Jan. 12 at 1:09 PM
$PLTR Citi has upgraded Palantir Technologies (PLTR) to Buy from Neutral, with the price target raised to
$235 from
$210. This move was reported today (January 12, 2026), and it's generating buzz on X and in financial news.
Analyst Tyler Radke cited several key reasons for the upgrade:
- Accelerating enterprise AI adoption and use cases, based on Citi's recent CIO survey and industry discussions, which could drive significant upward revisions to 2026 consensus estimates.
- A "government supercycle" fueled by increasing defense budgets and the urgent need for modernization in the public sector.
- Potential for 70% to 80% revenue growth in 2026
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