Baird Raises Palantir to Outperform Citing AI Leadership and Free Cash Flow Trajectory
Baird upgraded Palantir Technologies Inc. from Neutral to Outperform and set a $200 price target after the company reported a tenth consecutive quarter of accelerating revenue growth and beat fourth-quarter expectations. The firm cited Palantir's U.S. commercial strength, first-quarter guidance that implies further acceleration, a potential free ca…