HSBC upgraded Palantir (PLTR) from Hold to Buy, citing the company's strong Q4 results and the initiation of its 2026 guidance as validation of recent financial performance.
- The firm also increased the price target for PLTR from $197 to $205.
- This upgrade follows the massive market reaction to the February 2 earnings report, which saw the stock surge +6.85% on February 3 amid extremely high trading volume.