Palantir Technologies received an upgrade to buy from D.A. Davidson analyst Gil Luria, who cited the company’s competitive positioning in artificial intelligence software and defense analytics.
Palantir has expanded government and commercial contracts for data-integration platforms used in military planning, supply chains and corporate operations. The upgrade reflected confidence that AI demand would sustain revenue growth.
Defense technology stocks have outperformed broader markets amid rising geopolitical tensions and increased military spending in NATO countries. Palantir’s government work remains a core revenue pillar.
The analyst’s note did not specify a price target in summaries available to market watchers, but the call contributed to positive sentiment around the stock in early July trading.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://www.cnbc.com/2026/07/01/stock-market-today-live-updates.html