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Feb 18, 2026
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LONG
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Palantir announced a partnership with Rackspace to expand its government business and was upgraded to Outperform with a $195 price target by Mizuho. This dual catalyst provides both a fundamental reason (business expansion) and a technical/sentiment reason (analyst upgrade) for the stock to move higher. The $195 price target offers a clear objective for the upward trend. The news provides a strong, multi-faceted bullish narrative. The partnership enhances Palantir's growth story in its key government market, while the Mizuho upgrade provides institutional validation, likely attracting significant capital inflows. The market could experience a broad sell-off, negating the positive company-specific news. The financial impact of the Rackspace partnership may be smaller than anticipated or take longer to materialize. The stock's pre-market gains may have already priced in the news, leading to a "sell the news" reaction. |
Finnhub - PLTR
Palantir Technologies shares are trading high...
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