Palantir stock wobbles premarket as UBS upgrade runs into AI jitters
Palantir shares fell 0.4% to $135.38 in premarket trading Friday after a 1.3% gain Thursday. UBS upgraded the stock to “Buy” with a $180 target, while Rosenblatt started coverage at “Buy” with a $150 target. Investors await U.S. January producer price data at 8:30 a.m. ET.