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Truist Upgrades Palantir to Buy; Northrop Grumman and Generac Holdings Stocks Rise

DEFENSEDATA AND AI INFRASTRUCTURE

Truist has upgraded Palantir Technologies to a buy rating, highlighting its potential in GenAI adoption and strong connections with the U.S. military, particularly following the capture of Venezuela's Nicolas Maduro. Additionally, Northrop Grumman shares rose in premarket trading after President Trump's proposed $1.5 trillion defense budget for 2027, while Generac Holdings experienced a boost after Citi analysts issued a buy rating, forecasting a 45% stock increase driven by a recent factory acquisition to meet rising data center demand.

Truist Upgrades Palantir to Buy; Northrop Grumman and Generac Holdings Stocks Rise
Jan 9, 2026, 7:55 AM

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