Citigroup argues that Palantir's valuation is "no problem." The alternative view is that the whole problem lasts until Feb. 2. Citi boosted its price target for Palantir from $210 to $235 and gave it a buy rating. Analysts said 2026 could bring more upward estimate revisions. Others think the upgrade could come at the worst time for the trade, when expectations and valuations are already high, and when the upcoming earnings report is set up to punish anything less than a near-perfect future forecast. P ...

One analyst suggested stocks may be suffering from "rally exhaustion."Shares of Palantir fell more than 8% after market open on Tuesday, leading a broader market decline after the software firm reported better-than-expected earnings, as some economists warned of “rally exhaustion” after a meteoric rise for several stocks this year.Palantir’s stock decreased 8.1% to around $190 shortly after trading opened Tuesday, pacing what would be the largest single-day drop for the stock since a 9.3% decline in August. ...