Palantir Stock Rallies After U.S. Attack on Iran

Palantir Technologies' stock rallied about 15% the week after the U.S. attack on Iran, closing at $157.16, as investors bet on the company's government-focused pipeline. Analysts raised price targets (Rosenblatt to $200; Piper Sandler to $230) citing Palantir's roughly 60% revenue from government work and a $10 billion Army pact. The move follows the Defense Department's blacklisting of Anthropic, which plans to challenge the designation.