Citi upgrades Palantir to Buy and raises target to $235 from $210

Citi upgraded Palantir to Buy on January 12, 2026 and raised its price target to $235 from $210, according to an HeyGoTrade write-up published the next day. Analyst Tyler Radke pointed to accelerating corporate AI budgets and a defense 'supercycle' that he sees as the main growth engine. At the time the shares were near $179, which implied about 32% upside to the new target.

• Upgrade to Buy on January 12, 2026; target $210 to $235
• Analyst Tyler Radke; rationale is AI budgets and defense spending
• Shares near $179 at the time, about 32% implied upside