D.A. Davidson Upgrades Palantir, Raises Price Target to $175; Warns of Volatility

Bullish Gator

Analyst Gil Luria says Palantir is doubling cash flow this year, upgraded to Buy with a $175 target, but investors should expect significant stock volatility.

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What stands out

Gil Luria of D.A. Davidson told Schwab Network he upgraded Palantir to buy, raised his price target to $175 from $165, and said the company is poised to double cash flow this year while cautioning investors the stock will be volatile. The data back the bullish tone, with revenue up about 33.9% year-over-year (YoY) and net income rising roughly 68.7% YoY, which means improving profitability is not just hype. That combination makes Palantir a fundamentally stronger but technically fickle name where headlines and upgrades can whip the market before the fundamentals fully register.