Palantir Technologies is trading 3.23% up at €153.86 after UBS raised its price target from $220 to $250 while reiterating a Buy rating.

  • UBS cited strong AI demand, expanding enterprise use cases, and customer momentum following Palantir’s AIPCon event.
  • The broader market backdrop is mixed after the Federal Reserve’s September 16 rate hike, making the UBS upgrade the clearest identified catalyst for the gain.