Palantir stock rises after UBS upgrade even as Nasdaq slides on AI jitters
Palantir Technologies shares closed up 0.9% at $137.19 Friday and rose another 0.2% after hours. UBS upgraded the stock to “buy” with a $180 price target, citing attractive valuation after a pullback. Rosenblatt also initiated coverage with a buy rating and a $150 target. Trading volume topped 58.8 million shares, exceeding the previous session.