Palantir is trading at $175.92 (+3.13%) amid a broad risk-on rebound.

  • The S&P 500 is up 0.85%, while the Nasdaq Composite is up 1.28%.
  • Sentiment improved as investors absorbed the prior day’s Federal Reserve decision; Treasury prices rallied and oil prices fell.
  • UBS recently raised its Palantir price target to $250 from $220, reinforcing positive AI-demand sentiment but not establishing a new company-specific catalyst today.