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Barchart
Aditya Raghunath

Citi Is Betting on Another ‘Supercycle’ in Palantir Stock. Should You Buy PLTR Here?

Citi Palantir PLTR Tyler Radke

Palantir Technologies (PLTR) received a vote of confidence on Monday as Citi (C) upgraded the data analytics company to “Buy” from “Neutral.” Citi analyst Tyler Radke raised his price target on PLTR stock to $235 and lifted earnings estimates. Radke is bullish on the expanding commercial adoption of Palantir’s AI platform and momentum in government contracts.

Valued at $427 billion by market cap, PLTR stock has risen 2,455% over the past three years. Citi expects 2026 to be an inflection point for Palantir as it transitions from pilot programs to scaled enterprise deployments across sectors such as defense, healthcare, and energy. Citi projects government revenue could surge 51% year-over-year (YoY) and potentially grow by 70% in 2026, tied to accelerated defense spending. 

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