Freedom Capital has upgraded Palantir from Sell to Buy with a price target of $170, following a key defense authorization and strong growth in the U.S. commercial sector. The stock closed at $131.41 (+1.77%) on February 13, 2026, ahead of the announcement.
- The upgrade follows the Defense Information Systems Agency’s authorization of the Palantir Federal Cloud Service Forward, extending IL5 and IL6 accreditation to edge environments.
- Analysts highlighted accelerating demand for specialized AI infrastructure and defense solutions as a primary driver for the company's momentum.