Palantir stock price rises after Daiwa upgrade as traders eye U.S. inflation data
Palantir shares rose 1.6% to $145.14 Tuesday after Daiwa upgraded the stock to Buy, despite ongoing volatility in software stocks following last week’s AI-driven selloff. The upgrade came as analysts debated Palantir’s high valuation and growth prospects. U.S. jobs and inflation data due this week may influence further moves in tech shares.