Goldman Sachs upgrades Palantir to Buy with $230 target from Neutral

Goldman Sachs analyst Gabriela Borges upgraded Palantir from Neutral to Buy on October 8, 2026, with a 12-month price target of $230. The note cited demand for sovereign AI, bespoke software and industry-specific deployments as the drivers, and argued the company could enter another step change in its AI opportunity. The shares had closed at $194.12 on October 7, so the target implied about 18% upside.

• Upgrade from Neutral to Buy on October 8, 2026; analyst Gabriela Borges
• 12-month price target $230
• Prior close $194.12 on October 7, implying about 18% upside
• Drivers: sovereign AI, bespoke software, industry verticalization