Palantir Extends Win Streak to 7, Up 25% — Upgraded to Buy, But Can You Still Chase It?
Palantir (PLTR) climbed 1.38% to $134, extending its winning streak and carving out a clear independent trend as the broader tech market pulled back sharply. DA Davidson upgraded PLTR to Buy, adding conviction to the move, while Trump's significant expansion of a Pentagon office reinforced the view that Palantir is a core beneficiary of a $1.5 trillion defense opportunity. With semiconductors bleeding and PLTR pushing higher on an upgrade, is this independent strength a genuine safe-haven rotation or a dangerous sign of froth at elevated levels?