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Money & Markets9 Oct

Palantir closes at a record high after big banks turn positive

Palantir closed Friday at $209.05, up about 5%, beating its old record. Barclays started coverage with a $265 target, a day after Goldman Sachs upgraded it to Buy.

$209Friday's record close

Palantir closed Friday at $209.05, up about 5%, beating its old record. Barclays started coverage with a $265 target, a day after Goldman Sachs upgraded it to Buy.

Why it matters

Investors are betting heavily on defense-and-government AI ahead of early-November results.

What we don't know yet

This is a short desk note. The full story, with its open questions, is written as the news develops.

Note this down

Read its early-November results before judging (not advice).

Corrections: none so far.Written in plain words from public reporting. Not financial advice.That's your DefenseNote.