Palantir stock climbs after Truist opens coverage with $223 target as valuation stays in focus
Palantir shares rose 2.6% to $178.59 Tuesday after Truist Securities initiated coverage with a buy rating and a $223 target. The move follows a 130% gain in 2025, drawing attention to the stock’s high valuation. Analysts’ average target is $186.81, with most rating it “hold.” Investors await Palantir’s next earnings date and Friday’s U.S. jobs report.